Great Investment Property. DO NOT DISTURB TENANTS PLEASE 3 Main tenants (Guild Mortgage, AAA Insurance and Philly Pretzel Factory) 1 very small room rented as 4th. Awesome Cap rate of 9%. NO Showings until Proof of Funds or Bank Pre-approval letter. Also before any showings an accepted LOI or Contract required. Net annual Income $80,700 Triple Net Leases. Full basement under part of the building. New Build addition in 2020 was built sq. ft. of 1338 Guild Mortgage is in this building. The other Building was built in 1995 2192 Sq.Ft. Gross building size for all 3 tenant spaces is 3530 Sq. Ft. Digital sign on the building, part rent is toward the sign for some of the tenants. Part of basement rented for storage.New lease signed with Philly Pretzel Factory in Jan. 24 Full rent starts April 1 2024.Leases expire Guild July 2025, Philly Pretzel March 2027,AAA May 2024. High traffic area. Philly Pretzel Factory has Drive-thru. Lot size is 16,210 or .372 acres.
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