NNN Retail
For Sale
Contact for pricing
Pending
8034-8040 Germantown Avenue, Philadelphia, PA 19118
Connected retail buildings occupy multiple tax parcels and are leased under a triple-net structure.
Property Size11,076 SF
Lot Size0.24 Acres
Days on Market143
Property Features for 8034-8040 Germantown Avenue
General Information
Standard status
Pending
Size
11,076 SF
Lot size
0.24 Acres
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Avison Young - Suburban Philadelphia
Listed By:
Adam Gillespie · License #PA RS293296
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 2:47AM
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 Avison Young - Suburban Philadelphia
Investment Insights
Based on property information with market context.
The property comprises three adjoining tax parcels with a combined land area of 10,549 square feet. Improvements include connected partial one- and two-story buildings totaling 11,076 square feet, creating a unified retail configuration. Hill Company occupies the improvements as the sole tenant.
The lease is structured on a triple-net basis, with the tenant reimbursing real estate taxes, insurance, and operating expenses. The landlord retains responsibility for structural repairs. The initial lease term extends through January 2020, followed by two five-year renewal options with CPI increases. The property fronts Germantown Avenue in Philadelphia’s Chestnut Hill section.
The lease is structured on a triple-net basis, with the tenant reimbursing real estate taxes, insurance, and operating expenses. The landlord retains responsibility for structural repairs. The initial lease term extends through January 2020, followed by two five-year renewal options with CPI increases. The property fronts Germantown Avenue in Philadelphia’s Chestnut Hill section.
Key Highlights
- Three adjoining tax parcels totaling 10,549 square feet of land area
- Connected partial one- and two‑story buildings totaling 11,076 square feet
- Single‑tenant occupancy by Hill Company
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,528
Businesses Nearby
88k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Groceries 34%
Office Supplies 17%
Home Improvements & Furnishings 2%
ACME Markets
Groceries
30,154 visits/mo
0.4 miles
Staples
Office Supplies
15,257 visits/mo
0.3 miles
Visionworks
Shops & Services
5,619 visits/mo
0.4 miles
Bank of America
Shops & Services
5,613 visits/mo
0.5 miles
Wells Fargo
Shops & Services
5,176 visits/mo
0.4 miles
Demographics for 19118, PA
9,728
Population
5,079
Households
1.9
Avg Household Size
46
Median Age
76%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
3,040
Density / Sq Mi
$105,667
Median Household Income
$65,197
Median Earnings
$1,772
Median Rent
$688,000
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Connected retail buildings occupy multiple tax parcels and are leased under a triple-net structure.
Where is this nnn property located?
The property is located at 8034-8040 Germantown Avenue Philadelphia, PA.
What are key features of this property?
This property features: Three adjoining tax parcels totaling 10,549 square feet of land area; Connected partial one- and two‑story buildings totaling 11,076 square feet; Single‑tenant occupancy by Hill Company
