Located just off Torresdale Ave and I-95, 4726 Blakiston St is a large warehouse and office space in excellent condition, ideal for a variety of uses. It's currently leased for 2-3 years by a medical supply company. The main entrance leads to an open office space that fits 3+ desks and a bathroom. A door opens to the large warehouse that has soaring ceilings, industrial shelving and truck-sized garage doors, accessible from Blakiston St at the front and a driveway at the rear. There's also a second bathroom and stairs leading to a conference room above the office. This fantastic Holmesburg location is less than 5 minutes from I-95, plus there's easy access to public transit, Frankford Ave, Cottman Ave, Rt-1, and South Jersey. Schedule your tour today Investment Highlights: Lease Structure: Fully Absolute Triple Net (NNN) Lease—tenant pays real estate taxes, property maintenance, utilities, and all City of Philadelphia business expenses. Tenant: Stable, established business with a 3-year lease in place. Annual Net Operating Income (NOI): $50,000+ Cap Rate: Over 14%—excellent return in a high-demand market. Ideal For: Investors seeking a strong passive income property with excellent long-term appreciation potential. Business owners who are looking for high-quality flex space in a strategic Northeast. Philadelphia location to occupy in the near term.

Listing courtesy of KW Empower



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.