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This is a fully leased Industrial Outdoor Storage (IOS) parcel, leased to a tow operator. The 5 year NNN lease states that tenant pays property taxes. Landlord pays liability insurance ($675/yr). The 5-year NNN lease started April 2024 and has a Renewal option at landlord's set rent for 5 years. Expenses: Tenant pays taxes, insurance, maintenance, utilities, snow removal, etc. This is a turnkey passive income play with built-in rent growth, perfect for 1031 buyers or investors who want simple mailbox money. In-place Cap Rate 8.6% cap rate.
| DAYS ON MARKET | 1 | LAST UPDATED | 11/24/2025 |
|---|---|---|---|
| TRACT | PORT RICHMOND | YEAR BUILT | 2025 |
| COMMUNITY | 19137 (19137) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| PRICE HISTORY | |
| Prior to Nov 24, '25 | $795,000 |
|---|---|
| Nov 24, '25 - Today | $749,000 |
| ADDITIONAL DETAILS | |
| AIR | Other |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 19137 (19137) |
| CONSTRUCTION | Other |
| HEAT | Other |
| LOT | 0.85 acre(s) |
| LOT DIMENSIONS | 152.00 x 99.00 |
| PARKING | None |
| SEWER | Other |
| SUBDIVISION | PORT RICHMOND |
| TAXES | 15397 |
| WATER | Other |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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