3602 Frankford Ave Philadelphia, PA 19134
Turn-key auto repair business with real estate and equipment included.
Property Features for 3602 Frankford Ave
General Information
- Standard status
- Active
- Size
- 3,245 SF
- Property subtype
- Industrial, Retail, Special Purpose
Building Details
- Year Built
- 1940
Listing office KW Commercial Exton
Listing date Dec 10, 2024
Source Crexi
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 KW Commercial Exton
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location with very high traffic visibility in a growing area of Philadelphia.
- Turn‑key auto repair business operational for over 10 years.
- Sale includes both real estate and equipment.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.4k | $18.00 |
| − Vacancy | −$6.0k | −$1.85 |
| EGI | $52.4k | $16.15 |
| − OpEx | −$15.7k | −$4.84 |
| NOI | $36.7k | $11.30 |
Alternative Uses
Property Analytics
Current Use by Public Records
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