3903 Aramingo Ave | Philadelphia, PA 19137
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- LoopNet Team
3903 Aramingo Ave
Philadelphia, PA 19137
Retail Property For Sale
Investment Highlights
- Strong Guarantee: This deal presents strong corporate and governmental leases from reputable entities.
- Attractive Rental Increases: Rise has 2.00% annual rental increases and Fine Wine & Good Spirits has a rental increase in the first option period
- Proven Operator: Fine Wine & Good Spirits generated more than $3.02 billion in sales and taxes in fiscal year 2021-22.
- High Yielding Investment: Property is being offered at a Year-1 in place cap rate of 7.25%.
- Limited Competition: In the state of Pennsylvania, Liquor can only be purchased at state operated stores.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
11,218 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2015
Tenancy
Multiple
Number of Floors
1
Building FAR
0.12
Lot Size
2.06 AC
Zoning
CA2 - Auto-Oriented Commercial Districts
Parking
60 Spaces (5.35 Spaces per 1,000 SF Leased)
Frontage
131 ft on Aramingo Ave
Amenities
- Pylon Sign
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 882126103 | Improvements Assessment | £495,283 |
| Land Assessment | £1,155,660 | Total Assessment | £1,650,943 |
PROPERTY TAXES
Parcel Number
882126103
Land Assessment
£1,155,660
Improvements Assessment
£495,283
Total Assessment
£1,650,943
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