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Informations principales sur l'investissement
- Large lot with approximately 129,127 square feet of building area.
- Located in the Kensington neighborhood of Philadelphia, providing access to a dense urban workforce.
- Property has a history of commercial renovation and utility upgrades, including plumbing and electrical permits.
- Zoned I-2, suitable for heavy industrial uses.
- Proximity to major roadways and public transportation options for convenient logistics.
Résumé analytique
Binswanger is pleased to offer this investment opportunity in the North Philadelphia Submarket. The properties consists of approximately 132,000 SF on approx. 5.5 acres and is conveniently located near I-95 and the Aramingo Avenue Interchange
Year-over-year, market rents have increased by 1.6% for logistics buildings, 2.0% for flex buildings, and 2.8% for specialized industrial buildings. In Northeast Philadelphia, the estimated industrial market pricing stands at $100 per square foot, notably below the market average of $131 per square foot. The area's estimated market capitalization rate is 7.5%, slightly higher than the market average of 7.2%.
The industrial market has seen significant acceleration, driven by rising demand for e-commerce and online order fulfillment. This has fueled growth in last-mile warehousing needs and led to a corresponding increase in institutional ownership across the sector.
Year-over-year, market rents have increased by 1.6% for logistics buildings, 2.0% for flex buildings, and 2.8% for specialized industrial buildings. In Northeast Philadelphia, the estimated industrial market pricing stands at $100 per square foot, notably below the market average of $131 per square foot. The area's estimated market capitalization rate is 7.5%, slightly higher than the market average of 7.2%.
The industrial market has seen significant acceleration, driven by rising demand for e-commerce and online order fulfillment. This has fueled growth in last-mile warehousing needs and led to a corresponding increase in institutional ownership across the sector.
Informations sur l’immeuble
| Type de vente | Investissement ou propriétaire occupant | Nb d’étages | 1 |
| Type de bien | Industriel/Logistique | Année de construction | 1943 |
| Sous-type de bien | Entrepôt | Occupation | Mono |
| Classe d’immeuble | B | Hauteur libre du plafond | 4,27 m |
| Surface du lot | 1,97 ha | Nb de portes élevées/de chargement | 17 |
| Surface utile brute | 12 263 m² | ||
| Zonage | G2 - General Industrial | ||
| Type de vente | Investissement ou propriétaire occupant |
| Type de bien | Industriel/Logistique |
| Sous-type de bien | Entrepôt |
| Classe d’immeuble | B |
| Surface du lot | 1,97 ha |
| Surface utile brute | 12 263 m² |
| Nb d’étages | 1 |
| Année de construction | 1943 |
| Occupation | Mono |
| Hauteur libre du plafond | 4,27 m |
| Nb de portes élevées/de chargement | 17 |
| Zonage | G2 - General Industrial |
Caractéristiques
- Property Manager sur place
Services publics
- Eau - Ville
- Égout - Ville
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Strong public transit
80/100
Somewhat bikeable
30/100
Taxes foncières
| Numéro de parcelle | 884203000 | Évaluation des aménagements | 1 481 876 € |
| Évaluation du terrain | 635 090 € | Évaluation totale | 2 116 965 € |
Taxes foncières
Numéro de parcelle
884203000
Évaluation du terrain
635 090 €
Évaluation des aménagements
1 481 876 €
Évaluation totale
2 116 965 €
1 sur 8
Vidéos
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Carte
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Présenté par
3800 Frankford Ave
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