7720 Bustleton Avenue

Explore the vibrant neighborhood surrounding the property at 7720 Bustleton Avenue, Philadelphia, PA, 19152. Situated in a thriving commercial hub, the area offers an array of amenities and attractions, including the bustling shopping and dining scene along Bustleton Avenue. Investors can take advantage of the proximity to major corporate offices and medical centers, as well as the convenient access to public transportation and major highways. With renowned parks and recreational facilities nearby, employees and visitors can enjoy the beauty of Philadelphia's green spaces. The convenient location and abundance of local amenities make this area an ideal choice for office building investors looking to capitalize on the dynamic energy of Philadelphia.MPN Realty Inc. is pleased to present the sale of 7720 Bustleton Ave. in the Rhawnhurst section of Northeast Philadelphia. The site consists of a 10,790 SF single-story retail building with a drive-thru on a little over an acre. The property is currently leased to CVS; however, the tenant has closed the store and is still paying rent. CVS is obligated per the lease for approximately 6½ years. There are also 2 billboards on the site on a year-to-year lease with Clear Channel. This income stream provides the new owner with the opportunity to continue to collect rent while working on their plans for the site. Zoned CMX-1, the site has tremendous visibility and vehicular traffic, making it ideal for retail, and is also located alongside a residential neighborhood, providing potential for residential development. The property is very well located at a signalized intersection with 3 street frontages in the heart of Northeast Philadelphia.