Industrial Distribution Property with
For Sale
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9990-92 Gantry Road, Philadelphia, PA 19115
Industrial facility with office space, sprinkler coverage, and drive-in access for warehouse and light manufacturing use.
Property Size31,094 SF
Lot Size1.86 Acres
Price / SF$101.31
Days on Market132
Property Features for 9990-92 Gantry Road
General Information
Standard status
Active
Size
31,094 SF
Class
B
Lot size
1.86 Acres
Property subtype
Industrial
Zoning
I-2 Medium Industrial
Investment Type
Value Add
Site & Location
Neighborhood
Northeast Philadelphia
Highway Access
Yes
Additional Details
Sprinkler System
Yes
Building Details
Buildings
2
Listing Agency:
Colliers - Philadelphia, Pennsylvania
Listed By:
Adam Gorodesky · License #RS352818
(215) 928-7565
Source:
Crexi
Added: Jun 21
Changed: Oct 25
Last Checked: Oct 28 at 8:03AM
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 Colliers - Philadelphia, Pennsylvania
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Investment Insights
Based on property information with market context.
9990 to 9994 Gantry Road comprises two industrial buildings totaling 31,094 square feet on 1.86 acres. The property includes a main building and a satellite building with office space, loading capabilities, and drive-in access. Sprinkler coverage is in place to support a range of industrial and commercial uses. The site is described as I-2 Medium Industrial zoned.
The property is located in Northeast Philadelphia with proximity to major regional routes, including US Route 1 and Interstates 95, 276, and the Woodhaven Expressway. It is also listed as being near Northeast Philadelphia Airport, supporting regional connectivity for distribution, service, contractor, and light manufacturing operations.
For tenants or buyers seeking functional industrial space, the combination of loading and drive-in access, along with on-site office space and sprinkler coverage, can help support day-to-day operations. The I-2 Medium Industrial zoning broadens the range of compatible warehouse, distribution, service, contractor, and light manufacturing uses within an established industrial setting.
The property is located in Northeast Philadelphia with proximity to major regional routes, including US Route 1 and Interstates 95, 276, and the Woodhaven Expressway. It is also listed as being near Northeast Philadelphia Airport, supporting regional connectivity for distribution, service, contractor, and light manufacturing operations.
For tenants or buyers seeking functional industrial space, the combination of loading and drive-in access, along with on-site office space and sprinkler coverage, can help support day-to-day operations. The I-2 Medium Industrial zoning broadens the range of compatible warehouse, distribution, service, contractor, and light manufacturing uses within an established industrial setting.
Key Highlights
- 31,094 SF industrial space on 1.86 acres at 9990 to 9994 Gantry Road in Northeast Philadelphia
- Main building plus a satellite building with included office space
- Loading and drive‑in access for warehouse, distribution, service, contractor, or light manufacturing users
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$228,280
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,565,600
$4.6M
Cap Rate 7%
$3,261,143
$3.3M
Cap Rate 9%
$2,536,444
$2.5M
Market Conditions
NOI Build-Up for 31,094 SF
Gross rent
$354.5K $11.40/SF
− Vacancy
−$28.4K −$0.91/SF
EGI
$326.1K $10.49/SF
− OpEx
−$97.8K −$3.15/SF
NOI
$228.3K $7.34/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,565,600
Cap Rate 7%
$3,261,143
Cap Rate 9%
$2,536,444
Alternative Uses
Best Use
Warehouse
$4.54M
$3.98M – $5.30M
NOI $318,047 @ 7.0% cap · market cap 10.10%
Second Best
Industrial
$3.26M
$2.85M – $3.80M
NOI $228,280 @ 7.0% cap · market cap 7.25%
Theoretical Best
Multifamily LT 5
$7.58M
$6.63M – $8.84M
NOI $530,616 @ 7.0% cap · market cap 16.84%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 19115, PA
35,919
Population
15,071
Households
2.4
Avg Household Size
44
Median Age
37%
College-Educated
92%
High-School Grad
5.2 sq mi
ZIP Area
6,908
Density / Sq Mi
$70,388
Median Household Income
$48,949
Median Earnings
$1,230
Median Rent
$330,500
Median Home Value
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Market
Vacancy Rate% for Industrial in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial facility with office space, sprinkler coverage, and drive-in access for warehouse and light manufacturing use.
Where is this warehouse located?
The property is located at 9990-92 Gantry Road Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: 31,094 SF industrial space on 1.86 acres at 9990 to 9994 Gantry Road in Northeast Philadelphia; Main building plus a satellite building with included office space; Loading and drive‑in access for warehouse, distribution, service, contractor, or light manufacturing users
