Post on 19-Jul-2020
272 S. 20th StreetPhiladelphia, PA
RITTENHOUSESQUAREMIXED-USE BUILDINGFOR SALE
c o m m e r c i a l t e n a n t
Total Land: 1,005 SF
Total Building: 1,668 SF
Zoning: CMX-2
Ground Floor: The Palace of Indian
Commercial Tenant pays 70% of RE Taxes and Insurance and 100% of U & O
5 Year Lease Signed March 6, 2019 3% Annual Increases
INCOME MONTHLY ANNUAL
Commercial $3,600 $42,200
2nd/3rd Level $1,500 $18,000
Total $5,100 $61,200
EXPENSES MONTHLY ANNUAL
Taxes $536.42 $6,437.05
Insurance $250.00 $3,000.00
Total $786.42 $9,437.05
Tenant Contribution $550.49 $6,605.94
LL Total Expenses $253.93 $2,831.12
NOI $58,368.89
P R O P E R T Y H I G H L I G H T S
2nd/3rd Floor: Bi Level 2 BR/2 BA Apartment
In the heart of Rittenhouse Square
o v e r v i e w KEVIN HEALEY Kevin@precisionrg.com
856.404.1627
Steve Jeffries Steve@precisionrg.com
267.707.3327
PROJECTED
p r o p e r t y p h o t o s KEVIN HEALEY Kevin@precisionrg.com
856.404.1627
Steve Jeffries Steve@precisionrg.com
267.707.3327
Walnut St.
Locust St.
Chestnut St.
S 20
th S
t.
S 21
th S
t.
S 22
nd S
t.
S 23
rd S
t.
S 18
th S
t.
S 17
th S
t.
SITE
RittenhouseSquare
Sansom St.
TheRittenhouse
Hotel
WanamakerHouse
Condos
S 16
th S
t.
S 19
th S
t.
Spruce St.
A e r i a l KEVIN HEALEY Kevin@precisionrg.com
856.404.1627
Steve Jeffries Steve@precisionrg.com
267.707.3327