Laboratory Charter School
900-926 West Sedgley Ave
Philadelphia, PA 19140
- .5 miles to Temple's medical campus
- Easy access to SEPTA bus & subway lines
- Long term tenant
- Single tenant occupancy
- Two parking lots
- Absolute NNN
This property is being offered with a lease in place for the entire building. Philadelphia Department of education Will begin lease payments on July 1, 2020 with an annual increase that will yield a revenue close to $900,000 a year triple net in year five.
The building was fully rehabbed for its former tenants all systems and mechanicals are in excellent working order. This is an absolute triple net lease where the tenant reimburses landlord for water and sewer, insurance, all taxes, all utilities and all maintenance. The building expenses is reflective in this OM.
This building is located along Sedgley Avenue and it's only half mile from Temple University's medical campus and Temple University Hospital. That short distance is also access to Broad St., 611 which is the primary artery Running the entire length (north & south) of the city of Philadelphia.