H&R Block and Lamar Billboard — Sale in Philadelphia, PA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Philadelphia, PA 19111
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Investment Figures
- Cap rate
- 6.94%
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 pleased to exclusively offer 7270 Rising Sun Avenue, a single-tenant retail investment on the hard corner of Rising Sun Avenue and Cottman Avenue in Northeast Philadelphia. The property is fully occupied by H&R Block under a corporate guarantee, with supplemental rental income from a corporately guaranteed Lamar Advertising billboard on the building's roof. This layered rent structure gives an investor exposure to two investment-grade tenants within a single, low-maintenance asset. Rising Sun Avenue and Cottman Avenue are among Northeast Philadelphia's most heavily traveled commercial corridors, and the property benefits from strong visibility, signage exposure, and traffic at this signalized intersection. The surrounding trade area is dense and well-established, long supporting neighborhood-serving retail and positioning H&R Block to draw consistent, needs-based traffic. Investment Highlights: • H&R Block and a Lamar Advertising rooftop billboard are both corporate-guaranteed, delivering two credit-backed income streams from one asset. • Positioned at the signalized corner of Rising Sun Ave & Cottman Ave, two of Northeast Philadelphia's busiest commercial corridors, with excellent visibility and access. • Surrounded by established Northeast Philadelphia neighborhoods, driving consistent, needs-based traffic to the H&R Block office year-round
Market Context
This retail in Philadelphia, PA is listed for sale. It is offered at an approximate 6.9% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Philadelphia, PA — view the full market.
Contact
- Vince Peruto · (215) 531-7035 · vincent.peruto@marcusmillichap.com
- Berk Petersohn · (215) 531-7025 · berk.petersohn@marcusmillichap.com
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