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Shopping Neighborhood

Edison Square

701 W Lehigh Ave, Philadelphia, PA 19133

Listing Price: $9,900,000

Cap Rate
6.39%
Gross SF
31,573
Rentable SF
31,573
Price/Gross SF
$313.56
Lot Size
0.82 acres
Year Built
2015

Investment Overview

Opportunity to acquire a 31,573 square foot, 100% occupied retail center anchored by a Top Performing Save-A-Lot Grocer, ranked (47th) out of (852) locations. The Site sits on a subdivided, condominium parcel consisting of (2.25) acres in Philadelphia, PA, the most populous City in the State having over 1.5 Million Residents. The subject property is strategically located along West Lehigh Avenue which sees upwards of 15,000 Vehicles per Day; in addition, the center sits next to Broad Street (30-40K VPD), the City’s primary arterial for Retail & Office users.

Investment Highlights

  • Stabilized, Grocery Anchored, Neighborhood Retail Center
  • Large Condominium Parcel in Dense Submarket
  • Heavily Traveled Retail Corridor
  • Rental Rates in line with Market & Rental Increases

Exclusively Listed By

Financing By

Shopping Neighborhood

Edison Square

Listing Price: $9,900,000

Cap Rate
6.39%
Gross SF
31,573
Rentable SF
31,573
Price/Gross SF
$313.56
Lot Size
0.82 acres
Year Built
2015

Investment Highlights

  • Stabilized, Grocery Anchored, Neighborhood Retail Center
  • Large Condominium Parcel in Dense Submarket
  • Heavily Traveled Retail Corridor
  • Rental Rates in line with Market & Rental Increases

Investment Overview

Opportunity to acquire a 31,573 square foot, 100% occupied retail center anchored by a Top Performing Save-A-Lot Grocer, ranked (47th) out of (852) locations. The Site sits on a subdivided, condominium parcel consisting of (2.25) acres in Philadelphia, PA, the most populous City in the State having over 1.5 Million Residents. The subject property is strategically located along West Lehigh Avenue which sees upwards of 15,000 Vehicles per Day; in addition, the center sits next to Broad Street (30-40K VPD), the City’s primary arterial for Retail & Office users.

Exclusively Listed By

Financing By

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