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Executive Summary

This property stabilizes at a high 8% cap - there are three vacant units. The anchor tenant is a US Postal Service and 3 of the vacant units have upside. The leases are NNN and the property is located on Frankford Avenue corridor.

Property Facts

Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
C
Year Built
1986
Price
$2,560,068 CAD
Price Per SF
$365.72 CAD
Cap Rate
8.60%
NOI
$220,166 CAD
Percent Leased
63%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.70 AC
Zoning
C6, Philadelphia
Parking
40 Spaces (5.71 Spaces per 1,000 SF Leased)
Frontage
69’ on Frankford Ave

Amenities

  • Pylon Sign
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Liberty Licensing & Consulting, LLC
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Philly Blends
  • Services
  • -
  • -
  • -
  • Transportation and Warehousing
  • -
  • $23.13 CAD
  • Jan 2017

The United States Postal Service has a storied history as the institution of their Government guaranteeing safe and secure communication among and between the Government and the American people. Many are familiar with their history, which began with the Second Continental Congress and Benjamin Franklin in 1775 and continued in 1787 when the Postal Clause of the U.S. Constitution empowered Congress to establish post offices and post roads. Congress exercised those powers with the passage of The Post Office Act of 1792, which made the Postal Service a permanent fixture of the Federal Government. The Act included provisions to facilitate freedom of the press, the privacy of personal correspondence, and expand the nation’s physical infrastructure, all vital to their nation’s growth and prosperity.

Tenant Industry SF Occupied Rent/SF Lease End
Liberty Licensing & Consulting, LLC Professional, Scientific, and Technical Services - - -
Philly Blends Services - - -
Transportation and Warehousing - $23.13 CAD Jan 2017
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
70/100

Nearby Major Retailers

Planet Fitness
Citizens Bank
Fulton Bank
Boston Market
PNC Bank

Property Taxes

Property Taxes

Parcel Number
882095900
Land Assessment
$415,158 CAD
Improvements Assessment
$1,660,631 CAD
Total Assessment
$2,075,789 CAD
  • Listing ID: 41144949

  • Date on Market: 2026-07-02

  • Last Updated:

  • Address: 8230-8238 Frankford Ave, Philadelphia, PA 19136

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