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2700-2702 W Girard Ave
Philadelphia, PA 19130

$2,048,140 USD

Bank For Sale  •  8,000 SF

Property Details

  • Property Type Bank
  • Total Building Size 8,000 SF
  • Lot Size 0.09 AC
  • Building Class C
  • Year Built 1940
  • Cap Rate 7.50 %
  • Tenancy Multiple
  • Zoning C2
61 Transit Score
89 Walk Score

Highlights

Fulton Bank (NASDAQ: FULT) is an investment grade tenant with over $26B in total assets, more than 50% of Fulton's footprint is in Greater Phila
Property recently underwent an exterior and interior renovation in 2018-2019, limited exposure to future deferred maintenance.
100% occupied property with both tenants having 5+ years of lease term remaining with multiple renewal options
Corner location on West Girard Avenue and is easily accessible on foot, by car (over 6,500 vehicles per day), or public transportation
Property is adjacent to multiple large-mixed use developments and surrounding Brewerytown submarket is rapidly developing
Extremely dense, infill Philadelphia location with 54,483 people within 1 mile, 505,356 people within 3 miles and 1,082,000 people within 5 miles
Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Fulton Bank

Public Transportation

Commuter RailDriveWalkDistance
30Th St Lower Level (Airport Line - SEPTA, Wilmington/Newark Line - SEPTA) 4 min - 1.7 mi
Philadelphia 30Th Street (Atlantic City Line - NJ Transit Commuter Rail (NJ Transit), R1 - NJ Transit Commuter Rail (NJ Transit), R2 - NJ Transit Commuter Rail (NJ Transit), R3 - NJ Transit Commuter Rail (NJ Transit), R5 - NJ Transit Commuter Rail (NJ Transit), R6 - NJ Transit Commuter Rail (NJ Transit), R7 - NJ Transit Commuter Rail (NJ Transit), R8 - NJ Transit Commuter Rail (NJ Transit)) 5 min - 2.2 mi
Transit/SubwayDriveWalkDistance
Girard Av & 27Th St (63rd-Girard to Richmond-Westmorelnd - SEPTA) 0 min 0 min 0.0 mi
Girard Av & 28Th St (63rd-Girard to Richmond-Westmorelnd - SEPTA) 0 min 1 min 0.1 mi
Girard Av & 26Th St (63rd-Girard to Richmond-Westmorelnd - SEPTA) 0 min 2 min 0.1 mi
26Th St & Poplar St (63rd-Girard to Richmond-Westmorelnd - SEPTA) 0 min 2 min 0.2 mi
Girard Av & 29Th St (63rd-Girard to Richmond-Westmorelnd - SEPTA) 0 min 3 min 0.2 mi
AirportDriveWalkDistance
Philadelphia International 23 min - 11.6 mi
Trenton Mercer 52 min - 35.3 mi
Matthew Gorman 215-603-6914 CBRE, Inc.
Matthew Gorman 215-603-6914 CBRE, Inc.