Vacant-User
5623 Lancaster Ave
5623 Lancaster Ave, Philadelphia, PA 19131
Listing Price: $465,000
Investment Overview
Marcus & Millichap is pleased to present 5623 Lancaster Avenue, a high-visibility industrial opportunity along one of West Philadelphia’s most active corridors. The current tenant is operating on a month-to-month basis, giving a new owner maximum flexibility — either retain the existing tenant and stabilize income or terminate and reposition the space for a new industrial user at market rents. This short-term lease structure also makes the property highly attractive for an owner-user seeking near-term occupancy in a well-located facility. With strong access, functional industrial utility, and clear paths to increase NOI, 5623 Lancaster Avenue offers both in-place income and meaningful upside.
5623 Lancaster Ave
Investment Highlights
- Immediate Upside Potential – Mark-to-market opportunity on future lease terms
- Prime Lancaster Avenue Location – High visibility and strong daily traffic counts
- Strong Submarket Fundamentals – Continued investment and revitalization in West Philadelphia
- Flexible Exit Strategies – Attractive for investors seeking lease-up cash flow, owner-users, or developers pursuing adaptive reuse.
Exclusively Listed By
Listing Price: $465,000
Investment Highlights
- Immediate Upside Potential – Mark-to-market opportunity on future lease terms
- Prime Lancaster Avenue Location – High visibility and strong daily traffic counts
- Strong Submarket Fundamentals – Continued investment and revitalization in West Philadelphia
- Flexible Exit Strategies – Attractive for investors seeking lease-up cash flow, owner-users, or developers pursuing adaptive reuse.
Investment Overview
Marcus & Millichap is pleased to present 5623 Lancaster Avenue, a high-visibility industrial opportunity along one of West Philadelphia’s most active corridors. The current tenant is operating on a month-to-month basis, giving a new owner maximum flexibility — either retain the existing tenant and stabilize income or terminate and reposition the space for a new industrial user at market rents. This short-term lease structure also makes the property highly attractive for an owner-user seeking near-term occupancy in a well-located facility. With strong access, functional industrial utility, and clear paths to increase NOI, 5623 Lancaster Avenue offers both in-place income and meaningful upside.
Exclusively Listed By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
