2501 Grant Ave
Prime Sale/Leaseback Opportunity in Proven Industrial Corridor
Marketing description
This strategically located property offers tremendous potential for investors looking to own industrial property in the proven Northeast Philadelphia Industrial Corridor.
Situated on the bustling Grant Avenue, this property boasts exceptional visibility and accessibility. Its coveted position in a high-traffic area ensures maximum exposure for its retail showroom, while making it an ideal location for accessing the major highway arteries in the region including I-95 and Route 1.
The property features a total of 9 tailgate loading docks along the side and rear of the property and 1 oversized drive-in door, along with excess off-street parking.
Don't miss out on this exceptional investment opportunity at 2501 Grant Ave. Contact us today to arrange a tour.
Investment highlights
This property is fully leased to AAA Distributors Inc, which uses this facility as a mission critical operation due to the superior retail visibility and the distribution/warehousing capacity and reach. The property is being offered at an attractive 7.27% cap rate, which far exceeds the average cap rate on comparable sales in the submarket. Additionally, all capital expenditures including roof repair and replacement are the responsibility of the Tenant.
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