4343 WhitakerAve — Sale in Philadelphia, PA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Philadelphia, PA 19120
  • Year built: 1953

Photos

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Investment Figures

Cap rate
4.90%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is proud to present the exclusive listing of 4343 Whitaker Avenue, a ±93,571 square foot industrial facility located in the heart of Northeast Philadelphia. The property is currently 71.6% occupied, with approximately 26,571 SF of available space, offering a rare opportunity for owner-users, value-add investors, and stabilized buyers alike. Ownership is willing to lease back the vacant 26,571 SF, providing a buyer with immediate stabilization, enhanced cash flow, and a de-risked path to full occupancy at closing. Alternatively, the vacancy allows an owner-user to occupy a substantial block of space day one while benefiting from in-place income, or provides a value-add investor the ability to drive NOI growth through lease-up at market rents. Strategically positioned within one of Philadelphia's most established industrial corridors, 4343 Whitaker Avenue offers strong access to I-95, Route 1, and Center City Philadelphia, along with proximity to a dense labor pool and the broader Mid-Atlantic distribution network. With Philadelphia's industrial market continuing to benefit from limited new supply, rising rents, and strong tenant demand, this offering represents a compelling opportunity to acquire a well-located, large-scale industrial asset with multiple pathways to unlock value. Investment Highlights: • Rare 93,571 SF Infill Industrial Asset Large-scale industrial offering in Philadelphia's supply-constrained infill market. • Immediate Owner-User Opportunity 71.6% occupied with ±26,571 SF available for immediate occupancy, plus in-place income from existing tenants. • Seller Leaseback Available Ownership willing to lease back the vacant 26,571 SF, providing day-one stabilization and enhanced cash flow. • Value-Add Upside Clear path to increased NOI through lease-up of vacant space at market rents.

Market Context

This industrial in Philadelphia, PA is listed for sale. It is offered at an approximate 4.9% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1953. Compare it against other industrial listings for sale in Philadelphia, PA — view the full market.

As of Q1 2026, the Philadelphia industrial market showed rents up 3.8% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

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