Trinity Health Mid-Atlantic | Nazareth Cardiology

Equity Retail Brokers is pleased to exclusively off er for sale a multi-tenant property on Frankford Avenue in the Holmesburg neighborhood of northeast Philadelphia. The current tenants include Nazareth Physician Services, a subsidiary of Trinity Health Mid-Atlantic; the Greater Philadelphia Locksmith Association; and a garage leased by a local contractor. Nazareth Cardiology has approximately 4 years remaining on a lease extension (subsequent to Trinity Health acquiring Nazareth Hospital and its affiliated physician groups). The Greater Philadelphia Locksmith Association is operating under a new 5 year lease extension. Both leases have annual increases. The property is positioned directly on Frankford Ave which has about 21,427 VPD passing the site. Just 200 ft from the property is the intersection of Frankford Ave & Rhawn St which has a combined traffic count of 31,126 VPD. Nearby tenants include K Laundry, Ivy Rehab Physical Therapy, Dollar General, 7-Eleven, Fulton Bank, Boston Market, Holmesburg Bakery, and many more local retailers!