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219 E Lehigh Ave 26,117 SF Office Building Philadelphia, PA 19125 $7,673,600 CAD ($293.82 CAD/SF) 7.76% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavily trafficked corridor
- $426,837 NOI!!!!
- 43 year tenancy
- Federal Qualified Opportunity Zone
EXECUTIVE SUMMARY
Occupied by the Pennsylvania State Department of Public Welfare for the last 46 years, this investment opportunity is not one to pass up. NNN Rent is paid as gross + additional rent on psf basis. NNN (Additional rent calculated as CPI annually), is historically increased by 5% YOY yielding solid rent bumps for years to come.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
26,117 SF
Building Class
C
Year Built
1990
Price
$7,673,600 CAD
Price Per SF
$293.82 CAD
Cap Rate
7.76%
NOI
$595,523 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
26,117 SF
Building FAR
0.57
Lot Size
1.06 AC
Opportunity Zone
Yes
Zoning
ICMX - Industrial Commercial Mixed-Use
AMENITIES
- Bus Line
- Controlled Access
- Commuter Rail
- Fenced Lot
- Metro/Subway
- Security System
- Reception
- DDA Compliant
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Pennsylvania Dept of Public Welfare
- Public Administration
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Pennsylvania Dept of Public Welfare | Public Administration | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (80)
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 883379118 | Improvements Assessment | $3,235,698 CAD (2026) |
| Land Assessment | $808,925 CAD (2026) | Total Assessment | $4,044,623 CAD (2026) |
PROPERTY TAXES
Parcel Number
883379118
Land Assessment
$808,925 CAD (2026)
Improvements Assessment
$3,235,698 CAD (2026)
Total Assessment
$4,044,623 CAD (2026)
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219 E Lehigh Ave
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