600-2 S 9TH ST #GF PHILADELPHIA, PA 19147 in Philadelphia, Pennsylvania
State: Pennsylvania City: Philadelphia Zip code: 19147 Category: Houses for sale
Houses for sale in Pennsylvania
Unparalleled opportunity to have two long term successful businesses as your tenants!! 600-602 South 9th Street unit #GF, (9th and South St.) is being offered for sale. xxxx square foot commercial condominium subdivided into two spaces.. One is rented by STARBUCK~~~s Coffee and the other by Percy Street BBQ Restaurant- (with Liquor License). Starbucks is at the beginning of 15 year lease extensions and the Restaurant~~~s first 10 year extension date is in xxxx. The leases are Triple Net. Tenants pays 100% of properties Insurance, real estate taxes, condo fees, utilities. The annual rent is $187,484, Starbucks is paying $xxxx/month and BBQ is paying $11,104/month. Excellent ROI and an extremely passive Investment. Annual rent increases are part of the leases.
Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Living Area: 8,800
Lot Size: 0 acres
Type: Multi-Family Home
County: PHILADELPHIA
Year Built: 0
Status: A
Subdivision: BELLA VISTA
Area: xxxx7
Utilities: Public; Public Sewer;
Taxes: 0.0
Status: A
Acreage: 0.0
Construction: Brick
Garage/Parking: NoGarage: N
Style: Duplex
Swimming Pool: N
Water/Sewer: Water: Public; Sewer: Public Sewer
Waterfront: N
Heating/Cooling: Heat: Gas; AC: Central A/C
Basement Features: None
School District: Philadelphia