Map pin4436 Main St, Philadelphia, PA, 19127, US

Venice Island

Venice Island_Actifs en vente

Caractéristiques de l'actif

Nombre d'unités
181
Taille du terrain Brut
7 292 m²
Zone d'activité
CMX-2
Places de parking
145

Description de l'actif

Jones Lang LaSalle Americas, Inc. (“JLL”), a licensed real estate broker, has been retained on an exclusive basis to arrange the sale of Venice Island (the “Site”, or “Property”), a 78,493 square foot development site positioned across two parcels on Manayunk’s Main Street. Present ownership has been fully approved to construct 181 luxury apartments, 145 parking spaces, and 1,441 square feet of retail space.

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Points clés d'investissement

Main St. Multi-Family Development Opportunity

  • Present ownership has been fully approved to construct 181 luxury apartments positioned across two parcels on Manayunk’s Main Street.

Premier Manayunk Location

  • The Venice Island Development is conveniently located on Main Street featuring over 40 restaurants and 235 retailers.

Attractive Demographics

  • The average household income within a one-mile radius of the Property exceeds $135,000.

Strong Submarket Fundamentals

  • Year-over-year submarket rent growth is projected to reach 4.6% by 1Q 2025 and remain above 3.0% through 2026.
Venice Island 4_Actifs en vente
Venice Island 4_Actifs en vente
Venice Island (0 actifs)

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Dernière mise à jour
27 janv. 2025