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Lumar Center Shopping Center

11700 BUSTLETON AVE, Philadelphia, PA 19116

For Sale
New
Contact for pricing

The center is fully occupied under NNN leases, with a 5.9-year WALT.

Property SizeContact for details
Days on Market6

Property Features for 11700 BUSTLETON AVE

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Site & Location

Neighborhood Northeast Philadelphia

Additional Details

Tenant in Place Yes
Listing Agency: Marcus & Millichap - Philadelphia
Listed By: Derrick Dougherty · License #PA RS305854
Source: Crexi
Added: Nov 4 Changed: Nov 8 Last Checked: Nov 8 at 6:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Philadelphia

Rey
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Investment Insights

Based on property information with market context.

Lumar Center is a shopping center at 11700 Bustleton Ave in Philadelphia, Pennsylvania. The property is 100% occupied, with NNN lease structure and a 5.9-year weighted average lease term.

Key Highlights

  • 100% occupied
  • NNN lease structure
  • 5.9‑year WALT

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

George Mephis Counselor Baby Kangaroo (Bike/Boat/Book/etc) Store 11700 Bustleton Ave ... Parking Lot & Garage Amazon Hub Counter ... Courier Service

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

649
Businesses Nearby
94k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 37% Shops & Services 35% Groceries 17% Dining 11%
The Home Depot Home Improvements & Furnishings
35,226 visits/mo 0.3 miles
Fine Wine & Good Spirits Groceries
16,217 visits/mo 0.1 miles
Dollar Tree Shops & Services
12,168 visits/mo 0.4 miles
Sunoco Shops & Services
11,798 visits/mo 0.4 miles
Dunkin' Donuts Dining
7,944 visits/mo 0.2 miles

Demographics for 19116, PA

35,610
Population
14,166
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
6,848
Density / Sq Mi
$67,558
Median Household Income
$43,817
Median Earnings
$1,214
Median Rent
$321,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Shopping centers in Philadelphia

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025

Similar Off Market Nearby

  • Leo Mall — 11711 Bustleton Ave, Philadelphia, PA 19116
  • Lumar Shopping Center — Somerton Shopping Center, 11708 Bustleton Ave, Philadelphia, PA 19116
  • Pavio's Galleria Of Shops — 12045 Bustleton Ave, Philadelphia, PA 19116
  • Trevose Center — 13020-32 Bustleton Ave, Philadelphia, PA 19116
  • Pine Valley Center — 157 Byberry Rd, Philadelphia, PA 19116

Frequently Asked Questions

What type of property is this?
Shopping center - The center is fully occupied under NNN leases, with a 5.9-year WALT.
Where is this shopping center located?
The property is located at 11700 BUSTLETON AVE Philadelphia, PA.
What is the asking price?
The asking price for this property is $12,630,213.
What are key features of this property?
This property features: 100% occupied; NNN lease structure; 5.9‑year WALT
(215) 531-7026 Call to check price and availability
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