120 West Erie Avenue

Philadelphia, PA

57,266 Sqf

This 57,266 square foot mission-critical HQ distribution facility was acquired in mid-2023. The building is 100% NNN leased to Allen Brothers Wholesale Distributions, who recently partnered with national Convenience Distributors - which is the fourth largest full-line convenience distribution network in the United States. Since 1910, Allen Brothers has strong track record of a specialized wholesale distributor concentrating on convenience store items including grocery, candy & beverage, cleaning, frozen food, tobacco products and more. They currently have 16 warehouse locations in 13 states with 330 trucks and over 1,650 employees. Given the long-term lease and key location in the City of Philadelphia right along main traffic corridors, along with an industrial market that boasts a very low vacancy rate and steady rent growth, this investment will provide attractive long-term solid returns for our investors.

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