1. Pennsylvania
2. Philadelphia
3. 2700 W GIRARD AVENUE

2700 W GIRARD AVENUE, Philadelphia, PA 19130

• 8,000 sqft

Property Description

8,000 SF. CMX25 building, 100% Leased Retail Building located in Brewerytown, ($256.02/SF) 7.50% Cap Rate. Brewery town is a rapidly developing neighborhood of North Philadelphia. The Property recently underwent an exterior and interior renovation in 2018-2019, limited exposure to future deferred maintenance. Fulton Bank has more than 5 years remaining on a NNN* lease and ownership recently executed a new, 7-year lease with one five-year renewal - with significant rent increases during the initial term and annual increases in the option period - with a dance studio tenant for the second floor space. There is also an unfinished basement accessed through bilco doors on Girard Ave sidewalk. INVESTMENT GRADE CREDIT TENANT Headquartered in Lancaster, PA, Fulton Bank is a publicly traded (NASDAQ: FULT), investment grade credit rated tenant with a Baa2 rating from Moody’s and over $26B in total assets. More than 50% of Fulton's location footprint is in the Greater Philadelphia area and they have targeted Philadelphia as a significant growth market. RETAIL CORRIDOR - Girard Avenue is quickly becoming a main retail corridor with numerous restaurants and shops between 26th and 30th streets in addition to surrounding national retailers like ALDI, Fine Wine & Good Spirits, Dollar Tree and Boost Mobile.

Listing Status:

Active

Date Added:

March 26, 2025 at 05:00AM

Listing Office:

BHHS Fox & Roach-Chestnut Hill : 2152473750

Listing Agent:

Mark L Malfara : 2153278416

MLS ID:

PAPH2461480

Interior

• A/C: Central A/C
• Heating: YForced AirNatural Gas
• Disability Feature: Other

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Mark L Malfara, BHHS Fox & Roach-Chestnut Hill