Currently cash flowing $84,000 NOI per year, NNN lease expires in Feb 2024. Tenant is a well-established day care operator with additional location nearby. Located along a major commercial corridor in the Olney/Oak Lane section of North Philadelphia. Recent owner renovations in 2019 and tenant fit outs completed in 2020. Can retain current tenant with potential expanded/diversified use of the upstairs space which is approximately 8,000 Sf. Extremely desirable for a value-add investor or owner/operator

Located in the Olney neighborhood in North Philadelphia.  Bounded by Roosevelt Boulevard to the south, Olney is a residential neighborhood, with commercial centers for many surrounding groups. 5th Street has a Korean American business district in the vicinity of Olney Avenue, and Hispanic businesses flourish in the southern reaches of the neighborhood.