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29963581
29963580

3780-3800 Frankford Ave, Philadelphia, PA 19124

CP
PA PA 5006286
Binswanger Real Estate
Listed by Binswanger Real Estate
Unpriced
82 days on market
Updated 29 days ago

3780-3800 Frankford Ave

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 132,000
Acreage 6.130
Zoning I-1 District
Ceiling Height 16'

Industrial | 132,000 SqFt

Marketing description

132,000 SF on 6.13 Acres Available for Sale

The property is superbly located in Northeast Philadelphia, with easy access to I-95, the Betsy Ross Bridge, and the Tacony-Palmyra Bridge.

Binswanger is pleased to offer this investment opportunity in the North Philadelphia Submarket. The properties consists of approximately 132,000 SF on approx. 6.13 acres and is conveniently located near I-95 and the Aramingo Avenue Interchange

Year-over-year, market rents have increased by 1.6% for logistics buildings, 2.0% for flex buildings, and 2.8% for specialized industrial buildings. In Northeast Philadelphia, the estimated industrial market pricing stands at $100 per square foot, notably below the market average of $131 per square foot. The area’s estimated market capitalization rate is 7.5%, slightly higher than the market average of 7.2%.

The industrial market has seen significant acceleration, driven by rising demand for e-commerce and online order fulfillment. This has fueled growth in last-mile warehousing needs and led to a corresponding increase in institutional ownership across the sector.

Investment highlights

  • 132,000 SF on 6.13 Acres
  • Additional 0.63 Acres behind 3780 Frankford Avenue.
  • Ample tailgate dock and drive-in loading capabilities
  • 16' clear to bar joist
  • Ample parking
  • Fenced yard
  • The property is superbly located in Northeast Philadelphia, with easy access to I-95, the Betsy Ross Bridge, and the Tacony-Palmyra Bridge.
  • Zoned I-1 District
  • Estimated 2025 Taxes: 3780 Frankford Ave = $5,801, 3800 Frankford Ave = $34,34

Listing Contacts

CP
PA PA 5006286
Binswanger Real Estate
Listed by Binswanger Real Estate

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Additional Information

Name
Christopher Pennington
License
PA 5006286
Brokerage Phone
5555555555
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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