Blueprint Commercial
Blueprint Commercial
Listed by Blueprint Commercial
$5,000,000
105-135 W. Erie Avenue
Details
Property Type Retail, Industrial
Sub Type Auto Shop, Distribution
Square Footage 44,629
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Class B
Year Built 1900
Acreage 1.590
Zoning I2 Medium Industrial
Investment Type Stabilized
Retail | 44,629 SqFt
Marketing description
Blueprint Commercial is pleased to exclusively offer for sale 105-135 W. Erie Avenue, a 44,629 SF multi-tenanted flex/industrial building located in the Kensington section of North Philadelphia. The c. 1900 CMU construction building is fully sprinklered with heated and cooled warehouse/flex space across four units. The property is 100% leased to three tenants — Yale Electric (22,500 SF), Brightside Academy (11,869 SF, childcare), and Unico Auto Repair (10,260 SF). The property sits on a 1.59-acre parcel zoned I2 Medium Industrial.
Investment highlights
- 100% occupied with 3 NNN tenants — Yale Electric, Brightside Academy, and Unico Auto Repair.
- Diverse tenant mix across electrical distribution, childcare, and automotive services reduces single-tenant risk.
- Built-in annual rent escalations across all leases, providing contractual income growth and inflation protection through the hold period.
- Fully sprinklered, heated & cooled CMU building on a large 1.59-acre I2-zoned industrial parcel in a supply-constrained industrial corridor.
- Strong in-place tenancy within a flex/industrial asset class supported by durable demand drivers in North Philadelphia. Below-market in-place rents with embedded upside at rollover, supported by recent leasing activity in the surrounding submarket.
Listing Contacts
Blueprint Commercial
Blueprint Commercial
Listed by Blueprint Commercial
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