2613 W Girard Ave
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2613 W Girard Ave
5,889 SF 100% Leased Retail Building Philadelphia, PA 19130 $1,700,000 ($289/SF)
Executive Summary
SCOPE Commercial Real Estate Services, LLC "SCOPE" is pleased to present the opportunity to acquire 2613-15 W Girard Avenue, a mixed-use building, situated along the border of Philadelphia's Fairmount neighborhood. The offering presents itself as a value-add investment situated on a main thoroughfare in Philadelphia.
2613 W Girard, a 5,889-square-foot building, features 2,234 square feet of ground-floor retail below four studio units and two one-bedroom units. Above and Beyond Early Learners Academy occupies the first-floor retail space and operates on a NNN lease with an average in-place rent per square foot of $28.28 through 2027. The six apartment units rent for an average of $1,067 per unit per month with an ability to meet market rents of $1,433 per unit per month.
The subject property is located along W Girard Avenue, offering excellent visibility and accessibility from Center City. It benefits from exposure to an average of 9,700 vehicles daily. Situated in the vibrant West Philadelphia submarket, the property is surrounded by complementary retail and service providers, not to mention a large tenant base with access to over 200,000 residents within Greater Philadelphia. Its strategic position provides direct access to W Girard Avenue, Poplar Street, I-76, and I-676, offering convenient connections to Center City’s downtown area, major employers, and entertainment venues. Additionally, Fairmount Park and the Art Museum are within walking distance.
2613 W Girard, a 5,889-square-foot building, features 2,234 square feet of ground-floor retail below four studio units and two one-bedroom units. Above and Beyond Early Learners Academy occupies the first-floor retail space and operates on a NNN lease with an average in-place rent per square foot of $28.28 through 2027. The six apartment units rent for an average of $1,067 per unit per month with an ability to meet market rents of $1,433 per unit per month.
The subject property is located along W Girard Avenue, offering excellent visibility and accessibility from Center City. It benefits from exposure to an average of 9,700 vehicles daily. Situated in the vibrant West Philadelphia submarket, the property is surrounded by complementary retail and service providers, not to mention a large tenant base with access to over 200,000 residents within Greater Philadelphia. Its strategic position provides direct access to W Girard Avenue, Poplar Street, I-76, and I-676, offering convenient connections to Center City’s downtown area, major employers, and entertainment venues. Additionally, Fairmount Park and the Art Museum are within walking distance.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,889 SF
Building Class
C
Year Built
1915
Price
$1,700,000
Price Per SF
$289
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.18
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
CMX-2.5
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (81)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 881070277 | Improvements Assessment | $1,010,520 |
Land Assessment | $112,280 | Total Assessment | $1,122,800 |
PROPERTY TAXES
Parcel Number
881070277
Land Assessment
$112,280
Improvements Assessment
$1,010,520
Total Assessment
$1,122,800
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2613 W Girard Ave
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