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Walk-Up QSR Restaurant Opportunity
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100 E Rockland St, Philadelphia, PA 19120

Walk-up Rita’s restaurant with long-term operating history and a lease featuring renewal options and 3.5% annual increases.

Property SizeContact for details
Days on Market133

Property Features for 100 E Rockland St

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Philadelphia Suburban
Listed By: Matthew Gorman · License #PA RS287470
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 2:51AM

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 CBRE - Philadelphia Suburban

Investment Insights

Based on property information with market context.

CBRE is pleased to present for sale a Rita’s walk-up restaurant property with over 25 years of operation at the location. The site is currently under an existing lease with 6 years remaining in the initial lease term, plus one five-year renewal option. The lease includes 3.5% annual increases throughout the base term and option period.

The property is located at the intersection of E Rockland St, Rising Sun Ave, and N Front Street, with combined traffic counts over 16,000 vehicles per day. It is also near Roosevelt Blvd/US 1, with traffic counts exceeding 33,000 vehicles per day. Demographic information provided includes 56,705 people within 1 mile, 451,006 people within 3 miles, and 924,937 people within 5 miles.

Nearby national retailers listed include Rite Aid, PNC Bank, 7-Eleven, Metro by T-Mobile, and Dunkin Donuts.

Key Highlights

  • Rita’s walk‑up restaurant on E Rockland St in Philadelphia with over 25 years of operating history at the location
  • Lease has 6 years remaining in the initial term, plus one 5‑year renewal option
  • Lease includes 3.5% annual increases throughout the base term and option period

Property Analytics

Current Use

Rita's Italian Ice ... Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Gym & Fitness Center Electrical Service Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

1,574
Businesses Nearby
46k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 49% Dining 29% Groceries 21% Apparel 1%
Dunkin' Donuts Dining
11,340 visits/mo 0.1 miles
AutoZone Shops & Services
10,772 visits/mo 0.3 miles
Save-A-Lot Groceries
9,492 visits/mo 0.4 miles
Sunoco Shops & Services
6,674 visits/mo 0.4 miles
PNC Bank Shops & Services
4,240 visits/mo 0.2 miles

Demographics for 19120, PA

66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
Median Home Value

Market

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?
Conventional restaurant - Walk-up Rita’s restaurant with long-term operating history and a lease featuring renewal options and 3.5% annual increases.
Where is this conventional restaurant located?
The property is located at 100 E Rockland St Philadelphia, PA.
What are key features of this property?
This property features: Rita’s walk‑up restaurant on E Rockland St in Philadelphia with over 25 years of operating history at the location; Lease has 6 years remaining in the initial term, plus one 5‑year renewal option; Lease includes 3.5% annual increases throughout the base term and option period
(484) 567-2340 Call to check price and availability
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