701 W Lehigh Ave
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701 W Lehigh Ave
2,348 SF Retail Building Philadelphia, PA 19133 $2,724,733 CAD ($1,160 CAD/SF)
Investment Highlights
- Situated in a high-traffic area with excellent visibiliity and access, this Burger King restaurant is strategically positioned.
- With an absolute NNN lease, the Tenant assumes full responsibility for all operating costs, including maintenance, insurance, and taxes.
- With easy access to major roads and public transportation, ensuring continued foot traffic and a broad customer base.
- The property is leased to Burger King under a corporate-backed NNN Lease, providing a secure, long-term income.
- The property is located in a densely populated area of Philadelphia.
Executive Summary
10 years remaining on Burger King Lease.
Mosaic Brokerage is pleased to present an exceptional opportunity to acquire a single-tenant, absolute triple net (NNN) lease investment, featuring a well-established Burger King restaurant in the heart of Philadelphia, Pennsylvania. This property offers a stable and long-term income stream, backed by a globally recognized brand.
Mosaic Brokerage is pleased to present an exceptional opportunity to acquire a single-tenant, absolute triple net (NNN) lease investment, featuring a well-established Burger King restaurant in the heart of Philadelphia, Pennsylvania. This property offers a stable and long-term income stream, backed by a globally recognized brand.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,348 SF
Building Class
C
Year Built
2014
Price
$2,724,733 CAD
Price Per SF
$1,160 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.20 AC
Parking
12 Spaces (5.11 Spaces per 1,000 SF Leased)
Frontage
51 ft on West Lehigh Avenue
Walk Score ®
Very Walkable (83)
Transit Score ®
Excellent Transit (77)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 882000038 | Improvements Assessment | $7,466,158 CAD |
| Land Assessment | $1,866,540 CAD | Total Assessment | $9,332,698 CAD |
PROPERTY TAXES
Parcel Number
882000038
Land Assessment
$1,866,540 CAD
Improvements Assessment
$7,466,158 CAD
Total Assessment
$9,332,698 CAD
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701 W Lehigh Ave
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