City Pizza Portfolio
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City Pizza Portfolio
2 Retail Properties in Philadelphia, PA
Investment Highlights
- Located in the heart of highly populated and highly desirable South Philly neighborhoods
- Value Add Opportunity for the residential apartments currently achieving a below market rent
- Business have been operating for over 30 years and will sign a long term lease (10-15 years) before the sale
- Immediately benefit income producing property
- Corner Properties
- Inquire for financial information
Executive Summary
The Flynn Company is pleased to represent this rare sale opportunity consisting of two existing income-producing properties located in the highly desirable Whitman and The Girard Estates neighborhoods of South Philadelphia. 100 Snyder Ave has been home to City Pizza, operating out of the first floor and lower level and serving the community for over 20 years. There is a second-floor apartment that sits above the business that is currently being leased out for well below market value. 2700 S 16th Street has been home to another City Pizza for over 30 years and is the flagship location. Another value-add opportunity sits above the first-floor business as the 2nd-floor apartment is also currently being leased out for a rate that is well below market.
The properties can be sold individually or ideally as a portfolio. Longer-term leases of 10-15 years will be established for both locations prior to the sale.
Please inquire for financial information on the business or to discuss anything in more detail.
The properties can be sold individually or ideally as a portfolio. Longer-term leases of 10-15 years will be established for both locations prior to the sale.
Please inquire for financial information on the business or to discuss anything in more detail.
Property Facts
| Sale Conditions | Business Value Included | Individually For Sale | 2 |
| Sale Type | Investment | Total Building Size | 3,200 SF |
| Status | Active | Total Land Area | 0.04 AC |
| Number of Properties | 2 |
| Sale Conditions | Business Value Included |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 3,200 SF |
| Total Land Area | 0.04 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2700 S 16th St, Philadelphia, PA 19145 | Retail | 1,328 SF | 1920 | - |
| 100 Snyder Ave, Philadelphia, PA 19148 | Retail | 1,872 SF | 1920 | - |
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Joseph Naselli -
Mike Gallagher -
Brendan Flynn -
The Flynn Company
(215) 561-6565
x155
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City Pizza Portfolio
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