$ 749,000
-
$749,000
Price -
0
Bed -
0
Bath -
37,108
SqFt
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About the Listing KELWLMML - 3386657,3118193
This is a fully leased Industrial Outdoor Storage (IOS) parcel, leased to a tow operator. The 5 year NNN lease states that tenant pays property taxes. Landlord pays liability insurance ($675/yr). The 5-year NNN lease started April 2024 and has a Renewal option at landlord’s set rent for 5 years. Expenses: Tenant pays taxes, insurance, maintenance, utilities, snow removal, etc. This is a turnkey passive income play with built-in rent growth, perfect for 1031 buyers or investors who want simple mailbox money. In-place Cap Rate 8.6% cap rate.
Listing Highlights
Status
Active With Contingency
Days on Site
70
Property Type
Commercial Sale
MLS ®
PAPH2545596
Year Built
2025
Total Square Footage
37,108
Lot/Acreage
0.85
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Other
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 152.00 x 99.00
- Zoning: I2
- Roof:
- Others:
- Sewer: Other
Financial Details
- Tax Amount: $15,397
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
2651 Wheatsheaf Ln Philadelphia, PA 19137
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