deal image
3063 Philmont AveHuntingdon Valley, PA 19006
3063 Philmont Avenue
Asset ClassIndustrial
Square Feet84,000
Weighted Average Lease Term: 7.25 Years# Tenants: 2% Leased: 100%Access Data Room
Philadelphia In-fill Industrial Investment Opportunity | Fully Leased with 7.25 Years of WALT | Committed Tenant Roster with Significant Investment
overview of deal

Overview

Jones Lang LaSalle Americas, Inc., (“JLL”) as exclusive advisor to ownership, is pleased to present for sale 3063 Philmont Avenue (the “Property”) located in Huntingdon Valley, Pennsylvania. The Property is a fully leased 84,000 square foot industrial facility situated on 8.24 acres within Montgomery County.

 

3063 Philmont Avenue is strategically positioned northeast of Center City Philadelphia, providing immediate access to Route 1 (Roosevelt Blvd) and offering connectivity to I-276 (Pennsylvania Turnpike) and I-95. Given its proximity to the infrastructure and population bases of Philadelphia and Southern New Jersey, this location is final mile and mission critical.

 

3063 Philmont Avenue is fully leased to ALIGN Precision & ARCH Medical Solutions on coterminous leases through September 2031. Both leases are Absolute NNN with the tenant responsible for all capital repairs. The Property serves as a mission critical manufacturing facility for both companies and benefits from substantial tenant investment and proximity to Philadelphia’s life sciences hubs.

Access the Data Room

Investment Highlights

  • Impressive In-place Cash Flow with 7.25 Years of WALT
  • Strong Tenant Roster With Significant Capital Investment
  • Irreplaceable Urban In-fill Location With Excellent Highway Access
  • Core Market Fundamentals
  • Access to Population Centers of Philadelphia and New Jersey
3063 Philmont AveHuntingdon Valley, PA 19006

Sales Team

John PlowerSenior Managing Director, Capital Markets(215) 399-1804john.plower@jll.com

Inquire

Listing provided by Revere CRE