Essington Portfolio - 6729-33 & 6717-21 Essington Avenue, 6724 Norwitch Drive, Philadelphia, PA 19153
For Sale
For Sale
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Total Building Size
54,000 RSF
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Overview
Easy access to I-95, I-76, Philadelphia International Airport, and The Navy Yard and less than a half-mile from Essington Ave & 68th St Bus stop, Route 37 Binswanger is pleased to offer this unique investment opportunity located in Philadelphia, PA. The property portfolio consists of three parcels totaling 54,000 SF on 11.5 acres of ground. The portfolio is located in the Southwest Philly Submarket providing easy access to I-76 and the Philadelphia International Airport. The property is 85% occupied, with a high-credit tenant mix including Amazon (11 years and 3 month lease just signed this year) and J.D. Byrider. The property breakdown is as follows: 6729-33 Essington Ave (6.69 Acres), 6717-21 Essington Ave (3.73 Acres), 6724 Norwitch Dr (1.1 Acres). The Philadelphia Industrial has proven its resiliency even during the recent COVID-19 pandemic. With several strong market indicators, such as the low vacancy rates, strong logistical access, and high market rents, this area continues to impress local and national buyers
Property Details
Easy access to I-95, I-76, Philadelphia International Airport, and The Navy Yard and less than a half-mile from Essington Ave & 68th St Bus stop, Route 37 Binswanger is pleased to offer this unique investment opportunity located in Philadelphia, PA. The property portfolio consists of three parcels totaling 54,000 SF on 11.5 acres of ground. The portfolio is located in the Southwest Philly Submarket providing easy access to I-76 and the Philadelphia International Airport. The property is 85% occupied, with a high-credit tenant mix including Amazon (11 years and 3 month lease just signed this year) and J.D. Byrider. The property breakdown is as follows: 6729-33 Essington Ave (6.69 Acres), 6717-21 Essington Ave (3.73 Acres), 6724 Norwitch Dr (1.1 Acres). The Philadelphia Industrial has proven its resiliency even during the recent COVID-19 pandemic. With several strong market indicators, such as the low vacancy rates, strong logistical access, and high market rents, this area continues to impress local and national buyers
- Property TypeIndustrial
- Submarket
- Total Building Size54,000RSF
- Total Acres11.5
- Sale StatusAvailable
- Property ID2176140
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