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Retail Space in University City
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3641 Lancaster Ave, Philadelphia, PA

Ground floor retail space in thriving University City neighborhood.

Space Size934 SF - 1,789 SF
Lot Size0.03 Acres
Days on Market501

Property Features for 3641 Lancaster Ave

General Information

Standard status Active
Size 934 SF - 1,789 SF
Lot size 0.03 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 3641 Lancaster Ave Contact us

3641 Lancaster Ave $25/SF/Yr

Floor
1
Size
1,789 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- 4,005 +/- SF ground floor retail space over three units Unit 1: 1,789 +/- SF +...
show more
Contact us

3641 Lancaster Ave $25/SF/Yr

Floor
1
Size
934 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- 4,005 +/- SF ground floor retail space over three units Unit 1: 1,789 +/- SF +...
show more
Contact us
Listing Agency: MPN Realty, Inc.
Listed By: Joe Scarpone · License #330910
Source: Moodyscre
Added: Apr 26, 2025 Changed: Sep 5 Last Checked: Sep 7 at 12:13PM

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 MPN Realty, Inc.

Investment Insights

Based on property information with market context.

This property offers 4,005 +/- SF of ground floor retail space, divided into three units. Unit 1 comprises 1,789 +/- SF with an additional 222 +/- SF basement, Unit 2 offers 934 +/- SF, and Unit 3 provides 1,282 +/- SF. The units can be leased individually or combined. The property is zoned CMX-2 and is suitable for a neighborhood market, light retail, fitness center, or medical office. Situated in University City, the property is located directly behind the UCity development along Market Street, a project featuring 10.5 million square feet within 15 existing and 10 newly constructed buildings, including multi-family residences, office spaces, lab spaces, and a planned hotel tower. University City, the easternmost portion of West Philadelphia, is home to the University of Pennsylvania, Drexel University, and the University City campus of Saint Joseph’s University. The area also includes several medical institutions, independent centers of scientific research, and 30th Street Station.

Key Highlights

  • Located directly behind the UCity development (10.5 million SF of mixed‑use space) ensuring high foot traffic and visibility.
  • Flexible space: 4,005 +/- SF retail space comprised of three units that can be leased individually or combined.
  • Positioned in University City, a vibrant area with universities, medical institutions, and research centers.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Furniture & Home Goods Auto Parts Store Butcher Florist

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

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,231
Businesses Nearby
43k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 67% Dining 17% Hotels & Casinos 16%
7-Eleven Shops & Services
21,916 visits/mo 0.3 miles
Sheraton Philadelphia University City Hotel Hotels & Casinos
6,775 visits/mo 0.4 miles
Saxbys Coffee Dining
5,415 visits/mo 0.3 miles
Truist Shops & Services
2,987 visits/mo 0.1 miles
Santander Bank Shops & Services
2,126 visits/mo 0.4 miles

Market

Lease Benchmarks for Philadelphia, PA

$23.28 /SF/Yr
Avg Asking Price
$3.32–$100 /SF/Yr
Price Range
7,465 SF
Avg Space Size

This space is priced 7% above the average of $23.28 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Ground floor retail space in thriving University City neighborhood.
Where is this retail space located?
The property is located at 3641 Lancaster Ave Philadelphia, PA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Located directly behind the UCity development (10.5 million SF of mixed‑use space) ensuring high foot traffic and visibility.; Flexible space: 4,005 +/- SF retail space comprised of three units that can be leased individually or combined.; Positioned in University City, a vibrant area with universities, medical institutions, and research centers.
(215) 520-5091 Call to check price and availability
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