2651 WHEATSHEAF LANE
$725,000

2651 WHEATSHEAF LANE

37,108 Sq.Ft. 0.85 Acres

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Description

This is a fully leased Industrial Outdoor Storage (IOS) parcel, leased to a tow operator. The 5 year NNN lease states that tenant pays property taxes. Landlord pays liability insurance ($675/yr). The 5-year NNN lease started April 2024 and has a Renewal option at landlord's set rent for 5 years.
Expenses: Tenant pays taxes, insurance, maintenance, utilities, snow removal, etc.

This is a turnkey passive income play with built-in rent growth, perfect for 1031 buyers or investors who want simple mailbox money.
In-place Cap Rate 8.6% cap rate.

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Location

2651 WHEATSHEAF LANE, PHILADELPHIA, PA 19137

Status

Sold

Date Sold

January 29, 2026

Property Amenities

Area & Lot
Total area 37,108 Sq.Ft.
Lot Area 0.85 Acres
Living area 37,108 Sq.Ft.
MLS® ID PAPH2545596
Year Built 2025
School District PHILADELPHIA CITY
Type Commercial
Status Sold
Exterior
Air conditioning Other
Heat type Other
Disability Features None
Water Source Other
Sewer Other
Parking None
Finance
Sales Price $725,000
Real Estate Tax $15,397 yearly

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Our team’s unprecedented professionalism, skill, and attention to detail has allowed us to set sales records for the past 30 years. We will ensure your buying or selling experience exceeds your expectations.

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Keller Williams Main Line

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(610) 520-0100

ADDRESS 6 Coulter Ave Ardmore, PA 19003 US