Single-Tenant Storefront with Rooftop
New
For Sale
$640,000
7270 Rising Sun Ave, Philadelphia, PA 19111
Fully occupied retail property with supplemental billboard income and corporate guarantees from both occupants.
Property Size2,080 SF
Price / SF$307.69
Days on Market1
Property Features for 7270 Rising Sun Ave
General Information
Standard status
Active
Size
2,080 SF
Property subtype
Bank
Occupancy
100%
Lease Type
NN
Additional Details
Cap Rate
6.94%
Corner Location
Yes
Amenities
H&R Block and a Lamar Advertising rooftop billboard are both corporate-guaranteed, delivering two credit-backed income streams from one asset.
Positioned at the signalized corner of Rising Sun Ave & Cottman Ave, two of Northeast Philadelphia's busiest commercial corridors, with excellent visibility and access.
Surrounded by established Northeast Philadelphia neighborhoods, driving consistent, needs-based traffic to the H&R Block office year-round
Building Details
Building Size
2,080 SF
Tenancy
Single
Listing Agency:
Philadelphia Office
Listed By:
Vince Peruto · License #License(s): PA: RS355924
(215) 531-7035
Source:
Marcusmillichap
Added: Sep 16
Last Checked: Sep 16 at 3:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Philadelphia Office
Investment Insights
Based on property information with market context.
This 2,080-square-foot storefront property is occupied by H&R Block and includes a Lamar Advertising billboard positioned on the building roof. Both occupants have corporate guarantees, creating two income sources within a single retail asset. The property is designed around a low-maintenance, single-tenant configuration.
Located at 7270 Rising Sun Avenue in Philadelphia, the property sits at the signalized intersection of Rising Sun Avenue and Cottman Avenue. The surrounding Northeast Philadelphia trade area is dense and established, with the intersection providing prominent signage exposure and traffic-oriented visibility. The site serves a neighborhood retail corridor supported by consistent needs-based activity.
Located at 7270 Rising Sun Avenue in Philadelphia, the property sits at the signalized intersection of Rising Sun Avenue and Cottman Avenue. The surrounding Northeast Philadelphia trade area is dense and established, with the intersection providing prominent signage exposure and traffic-oriented visibility. The site serves a neighborhood retail corridor supported by consistent needs-based activity.
Key Highlights
- 2,080‑square‑foot storefront property
- Occupied by H&R Block under a corporate guarantee
- Rooftop Lamar Advertising billboard provides supplemental rental income
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,373
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$487,460
$487.5K
Cap Rate 7%
$348,186
$348.2K
Cap Rate 9%
$270,811
$270.8K
Market Conditions
NOI Build-Up for 2,080 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$37.4K $18.00/SF
− Vacancy
−$2.6K −$1.26/SF
EGI
$34.8K $16.74/SF
− OpEx
−$10.4K −$5.02/SF
NOI
$24.4K $11.72/SF
Area
ZIP 19111
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$487,460
Cap Rate 7%
$348,186
Cap Rate 9%
$270,811
Alternative Uses
Best Use
Retail
$348.2K
$304.7K – $406.2K
NOI $24,373 @ 7.0% cap · market cap 3.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$630.6K
$551.8K – $735.7K
NOI $44,144 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,252
Businesses Nearby
106k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 72%
Dining 26%
Home Improvements & Furnishings 2%
Wawa
Shops & Services
47,461 visits/mo
0.5 miles
Wendy's
Dining
14,779 visits/mo
0.1 miles
Dollar Tree
Shops & Services
13,860 visits/mo
0.1 miles
AutoZone
Shops & Services
8,387 visits/mo
0.1 miles
Dunkin' Donuts
Dining
6,254 visits/mo
0.1 miles
Demographics for 19111, PA
67,017
Population
27,518
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
13,962
Density / Sq Mi
$60,441
Median Household Income
$39,065
Median Earnings
$1,221
Median Rent
$244,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Storefront property - Fully occupied retail property with supplemental billboard income and corporate guarantees from both occupants.
Where is this storefront property located?
The property is located at 7270 Rising Sun Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: 2,080‑square‑foot storefront property; Occupied by H&R Block under a corporate guarantee; Rooftop Lamar Advertising billboard provides supplemental rental income
