2511-15 Girard Ave Philadelphia, PA 19130
- Retail properties
- 11,382 SF
Current Use by Public Records
- Retail properties
Property Details for 2511-15 Girard Ave
- Property size
- 11,382 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This 11,382 square foot multi-tenant retail portfolio in Philadelphia's Fairmount neighborhood offers a compelling value-add investment opportunity. Located at a signalized corner with excellent visibility and high daily traffic (9,700 vehicles), the property boasts 100% occupancy across two buildings (2511 and 2517 W Girard Ave). The portfolio includes four tenants with a weighted average lease term exceeding four years, presenting immediate cash flow and future upside potential. Current leases range from triple-net to gross, with varying rental rates per square foot. The CMX-2.5 zoning allows for mixed-use development potential, further enhancing the investment's long-term value. The property benefits from its strategic location, providing easy access to major roadways (I-76, I-676), public transportation, and nearby amenities including Fairmount Park and the Art Museum. The 6,976 square foot lot size and the existing tenant base provide a solid foundation for a savvy investor seeking a strong return on investment in a vibrant Philadelphia submarket with access to a large residential population. The property is offered fee-simple. APN: 882921205, 882935885. Asking price is $2,100,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.178
- Latitude
- 39.9741
