Department Store
Forman Mills (NNN Lease)
5694 Rising Sun Ave, Philadelphia, PA 19120
Listing Price: $11,218,033
Cap Rate
7.13%
Tenant Name
Forman Mills
Years Remaining On Lease
8.5
Guarantor
Corporate Guarantee
Rentable SF
66,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.12
Investment Overview
Marcus & Millichap is pleased to exclusively present 5694 Rising Sun Avenue, Philadelphia, Philadelphia County, Pennsylvania.
Broker of Record
Listing Price: $11,218,033
Cap Rate
7.13%
Tenant Name
Forman Mills
Years Remaining On Lease
8.5
Guarantor
Corporate Guarantee
Rentable SF
66,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.12
Investment Highlights
- Rare Single Tenant Net Leased Property Located in Philadelphia, Pennsylvania
- Corporate Guarantee by Forman Mills (Owned by Shoppers World)
- Triple Net Lease with Rental Increases in 2026 and 2028
Investment Overview
Marcus & Millichap is pleased to exclusively present 5694 Rising Sun Avenue, Philadelphia, Philadelphia County, Pennsylvania.
Broker of Record
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