Contacts
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SRS Real Estate Partners
Property Details
- Property Type Retail
- Property Size 8,104 SF
- Lot Size 1.06 Acre
- Year Built 2018
- Date Updated Feb 19, 2025
SRS Real Estate Partners-Northeast, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, freestanding Carvana investment property located in Philadelphia, Pennsylvania. The tenant, Carvana, LLC has approximately 17 years remaining with 4 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features increases equal to the lesser of (i) 7.92337% or (ii) 1.25x CPI throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Philadelphia, PA
- Neighborhood Fishtown
- Zip Code 19123
- Market Philadelphia
Points of Interest
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Frankford Avenue & Richmond Street
0.11 miles
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Girard Avenue & Front Street
0.14 miles
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Girard
0.14 miles
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Frankford Avenue & Girard Avenue
0.16 miles
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Frankford Avenue & Delaware Avenue
0.17 miles
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Girard Avenue & Frankford Avenue
0.18 miles
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Girard Avenue & 2nd Street
0.24 miles
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Girard Avenue & 3rd Street
0.35 miles
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Girard Avenue & Columbia Avenue
0.38 miles
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Girard Avenue & 4th Street
0.40 miles
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Lukoil
0.44 miles
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Liberty
0.75 miles
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Wawa
1.18 miles
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BP gas
1.25 miles
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Sunnoco
1.30 miles
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Shell
1.32 miles
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Sunoco
1.56 miles
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J&H Car Charging Station
1.60 miles
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BP
1.68 miles
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Blink
2.80 miles
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Rivers Casino Philadelphia Parking Lot
0.23 miles
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Rivers Casino Philadelphia Parking Garage
0.34 miles
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South Parking Lot
0.47 miles
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West Parking Lot
0.48 miles
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Philadelphia Police 26th District Parking Lot
0.61 miles
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Pier 24 Parking Lot
0.68 miles
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Target Parking Lot
0.82 miles
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Girard Medical Center Garage
0.82 miles
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McDonald's
0.11 miles
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Garden Cafe & Bar
0.11 miles
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Humpty Dumplings
0.12 miles
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Sanctuary @ the Saint
0.13 miles
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Sancho Pistola's
0.15 miles
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Kostas Restaurant
0.16 miles
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Mad Rex
0.16 miles
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Mandarin House
0.17 miles
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Jerry's Bar
0.18 miles
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Joe's Steaks and Soda Shop
0.18 miles
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3J's Food Market
0.20 miles
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Acme
0.20 miles
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Giant
0.21 miles
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Castellino's Italian Market
0.55 miles
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Target
0.75 miles
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Grocery Outlet
0.82 miles
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Riverwards Produce
0.85 miles
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Cousin's
1.05 miles
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The Richmond Shops IGA
1.06 miles
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ALDI
1.24 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
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SRS Real Estate Partners