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Investment Highlights

  • Credit Tenant Guarantee
  • 1.7 Acres
  • High Traffic Area
  • Federal QOZ Eligible

Executive Summary

Cap Rate is based on 2026 Pro Forma. Currently there is vacancy of 10,000 SF. Once stabilized, a buyer will enjoy a 9.72% cap rate at the current asking price.
Located in a densely populated section of Philadelphia, The Dollar General (NYSE: DG) Supermarket is the only grocery store within a .8 mile radius, ensuring tenant stability for the shopping center for years to come.

Data Room Click Here to Access

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
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
Retail
Property Subtype
Freestanding
Building Size
34,205 SF
Building Class
C
Year Built
1970
Price
$5,410,354 CAD
Price Per SF
$158.17 CAD
Cap Rate
9.72%
NOI
$525,867 CAD
Percent Leased
71%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.46
Lot Size
1.72 AC
Opportunity Zone
Yes
Zoning
CA-2 - Auto-Oriented Commercial-2
Parking
70 Spaces (2.05 Spaces per 1,000 SF Leased)
Frontage
182’ on 48th St

Amenities

  • Corner Lot
  • Pylon Sign
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Educational Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

With 30 years of experience, Brightside Academy is a leading provider of child care and early education. Headquartered in Pittsburgh, PA, they serve thousands of children per day across Pennsylvania. They believe that child care involves more than babysitting. Studies prove that 85% of brain development occurs before the age of five. Brightside Academy’s quality early childhood education program provides the appropriate experiences a child needs to connect brain synapses, which are at the root of learning and skill development. Children are born with the tools needed to learn and they are eager to learn. Brightside Academy helps lead children to their potential with state-of-the-art facilities that enhance their experiences and prepare them for a lifetime of learning. Purpose and Values at Brightside child care center Brightside Academy’s purpose plan is at the center of everything they do.

  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Educational Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 10,000 SF
  • Office/Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 10,000 SF Office/Retail - Now

1st Floor

Size
10,000 SF
Space Use
Office/Retail
Position
-
Available
Now
Exceptionally walkable
90/100
Fairly drivable
40/100
Strong public transit
80/100
Moderately bikeable
60/100

Nearby Major Retailers

Checkers
Wells Fargo Home Mortgage
Wells Fargo
Toyota
Planet Fitness
ShopRite
Chase
Citizens Bank
Grocery Outlet
Fulton Bank

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 882112300
  • 882112400
Land Assessment
$495,228 CAD
Improvements Assessment
$1,980,910 CAD
Total Assessment
$2,476,138 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 30053462

  • Date on Market: 2023-11-14

  • Last Updated:

  • Address: 809-843 N 48th St, Philadelphia, PA 19139

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