Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2021
Building Area
Land Area ()

Property Description

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer qualified investors the opportunity to purchase a freestanding, Giant grocery store (the “Property”) located on S. Columbus Boulevard – one of the most sought-after retail corridors in the city of the Philadelphia. Giant will be operating in a brand new building, which is slated to be completed in November 2021. The asset will feature a long term, 20-year lease with rental increases of approximately 10% every five years, commencing year eleven. The offering also includes a rare, investment grade, corporate guaranty from Koninklijke Ahold Delhaize N. V. (BBB; S&P).

Investment Highlights

  • Long term commitment from a market leading grocer with an investment grade, corporate guaranty
  • Giant and Ahold Delhaize are committed to capturing Philadelphia's expanding consumer base
  • The property is positioned within the path of growth of Philadelphia's riverfront revitalization
Last Updated Date: 27 May 2021
James Galbally
James Galbally
Senior Managing Director, Capital Markets
License details
PA - RS295928
Christopher Munley
Christopher Munley
Senior Managing Director, Capital Markets
License details
# NJ-0683560 PA-RS314499

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 27 May 2021

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.