RITTENHOUSE SQUARE MIXED-USE BUILDING FOR SALE · KE OUT (8089 272 S, 20th 66.925.6884 at RESERVED...

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 [email protected]

856.404.1627

Steve Jeffries [email protected]

267.707.3327

PROJECTED

p r o p e r t y p h o t o s KEVIN HEALEY [email protected]

856.404.1627


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 [email protected]

856.404.1627


267.707.3327

RITTENHOUSE SQUARE MIXED-USE BUILDING FOR SALE · KE OUT (8089 272 S, 20th 66.925.6884 at RESERVED...

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