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Single-Tenant Vacant-User

AUCTION - Former Rite Aid

6731 Woodland Ave, Philadelphia, PA 19142

Starting Bid: $500,000

Guarantor
No Guarantee
Rentable SF
11,292
Lease Type
Single Net
Auction Type
Reserve
Auction Start Date
Aug 11, 2025
Auction End Date
Aug 13, 2025

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/2576

Marcus & Millichap in conjunction with RealInsight Marketplace, is pleased to offer for sale the former Rite Aid located at 6731 Woodland Avenue, Philadelphia presents an exceptional opportunity for investors and owner-users seeking a well-positioned retail asset in a densely populated corridor. Well positioned at a signalized intersection with monument signage

This ±11,292 SF freestanding building sits on ±.90 acres and is set for auction, offering a unique chance to acquire a high-visibility property in a strong Philadelphia Metro submarket. Area Retailers along this corridor include McDonald’s, Dunkin, Dollar General and AutoZone. In addition, Amazon built a brand new 140,000 SF, State of the Art fulfillment center, operating 24/7 less than 1 mile from the subject and it is +-3 miles to UPENN’s campus.

This auction represents a rare opportunity to secure a high-quality retail asset below replacement cost in a prime infill location. The property’s flexible zoning and strong market fundamentals make it an attractive acquisition for investors, developers, and operators.

Investment Highlights

  • AUCTION - August 11-13, 2025 | Starting Bid: $500,000
  • Prime Corridor & Corner Location with Monument Signage: Situated at a hard signalized intersection with exceptional visibility and branding potential.
  • Strong Demographics: Over 300,000 residents within a 3-mile radius with an average household income exceeding $81,000, offering a dense and affluent customer base.
  • Proximity to Major Employers and Universities: Just blocks from a newly developed 140,000 SF Amazon Distribution Center, fueling daily traffic and economic activity.
  • Flexible & Adaptable Layout: The ±11,292 SF open floor plan is well-suited for grocery, medical, retail, or adaptive reuse concepts.
  • Ample On-Site Parking: Features 45 off-street parking spaces, ensuring convenience for customers and staff.
  • CMX Zoning (Commercial Mixed-Use): Allows for a wide variety of potential uses, increasing redevelopment and leasing flexibility.

Auction Advisors

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s) PA: RMR006104

    Pennsylvania

Single-Tenant Vacant-User

AUCTION - Former Rite Aid

Starting Bid: $500,000

Guarantor
No Guarantee
Rentable SF
11,292
Lease Type
Single Net
Auction Type
Reserve
Auction Start Date
Aug 11, 2025
Auction End Date
Aug 13, 2025

Investment Highlights

  • AUCTION - August 11-13, 2025 | Starting Bid: $500,000
  • Prime Corridor & Corner Location with Monument Signage: Situated at a hard signalized intersection with exceptional visibility and branding potential.
  • Strong Demographics: Over 300,000 residents within a 3-mile radius with an average household income exceeding $81,000, offering a dense and affluent customer base.
  • Proximity to Major Employers and Universities: Just blocks from a newly developed 140,000 SF Amazon Distribution Center, fueling daily traffic and economic activity.
  • Flexible & Adaptable Layout: The ±11,292 SF open floor plan is well-suited for grocery, medical, retail, or adaptive reuse concepts.
  • Ample On-Site Parking: Features 45 off-street parking spaces, ensuring convenience for customers and staff.
  • CMX Zoning (Commercial Mixed-Use): Allows for a wide variety of potential uses, increasing redevelopment and leasing flexibility.

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/2576 Marcus & Millichap in conjunction with RealInsight Marketplace, is pleased to offer for sale the former Rite Aid located at 6731 Woodland Avenue, Philadelphia presents an exceptional opportunity for investors and owner-users seeking a well-positioned retail asset in a densely populated corridor. Well positioned at a signalized intersection with monument signage This ±11,292 SF freestanding building sits on ±.90 acres and is set for auction, offering a unique chance to acquire a high-visibility property in a strong Philadelphia Metro submarket. Area Retailers along this corridor include McDonald’s, Dunkin, Dollar General and AutoZone. In addition, Amazon built a brand new 140,000 SF, State of the Art fulfillment center, operating 24/7 less than 1 mile from the subject and it is +-3 miles to UPENN’s campus. This auction represents a rare opportunity to secure a high-quality retail asset below replacement cost in a prime infill location. The property’s flexible zoning and strong market fundamentals make it an attractive acquisition for investors, developers, and operators.

Auction Advisors

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s): PA: RMR006104

    Pennsylvania

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