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Shoppes at Wissinoming

Off-Market

5597 Tulip Street, Philadelphia, PA 19124

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Retail - Neighborhood Center
  • Property Size 109,445 SF
  • Lot Size 12.7 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2017

Location

  • City Philadelphia, PA
  • Neighborhood Frankford Valley
  • Zip Code 19124
  • Market Philadelphia

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 28 Dec, 2015
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Philadelphia

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Philadelphia Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $32.12
  • 2020 Office Vacancy Rate 9.03%
  • 2020 Office Completions (SF) 149,828

Philadelphia Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $317.50
  • Y-o-Y Avg. PpSF Change -8.60%
  • 2020 Office Sales Volume $507.3M
  • 2020 Number of Transactions 7
View more Philadelphia market trends

Tax

  • Base Tax $366,748
  • Current Tax $69,990
  • Market Value* $26,200,000
  • Assessed Value $26,200,000

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Shoppes at Wissinoming?

Shoppes at Wissinoming totals 109,445 square feet.

When was this property built?

Shoppes at Wissinoming was built in 2017.

When was Shoppes at Wissinoming last sold?

Shoppes at Wissinoming was last sold on 28 Dec, 2015.

What is the market value for Shoppes at Wissinoming?

The market value* for Shoppes at Wissinoming in 2022 was $26,200,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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