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Grocery Store with Absolute NNN Lease
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1403 South Christopher Columbus Boulevard, Philadelphia, PA 19147

GIANT Food Stores occupies the property under an approximately 16-year absolute NNN lease.

Property Size48,000 SF
Days on Market17

Property Features for 1403 South Christopher Columbus Boulevard

General Information

Standard status Active
Size 48,000 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net

Additional Details

Traffic Count 62,000 vehicles/day

Building Details

Tenancy Single
Listing Agency: NX3 Commercial Group
Listed By: Evan Whelan · License #SL3102045
Source: Crexi
Added: Aug 13 Changed: Aug 28 Last Checked: Aug 28 at 2:30PM

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 NX3 Commercial Group

Investment Insights

Based on property information with market context.

This 48,000-square-foot grocery property at 1403 South Christopher Columbus Boulevard is occupied by GIANT Food Stores. The asset is subject to an absolute NNN lease with approximately 16 years remaining, providing a defined lease structure and term for the next owner.

The property is located in South Philadelphia within an urban infill trade area. Surrounding roadways carry approximately 62,000 vehicles per day, and the site offers access to Center City Philadelphia, the Delaware River waterfront, and employment, entertainment, and transportation destinations across the Philadelphia MSA.

Key Highlights

  • 48,000‑square‑foot grocery property
  • Occupied by GIANT Food Stores
  • Approximately 16 years remaining on the lease

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Electrical Service Home Appliance Store Tanning Salon Clothing & Fashion Store Nursing Home Buffet

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

62,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,558
Businesses Nearby
53k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Dining 32% Groceries 13% Electronics 2%
Sunoco Shops & Services
16,488 visits/mo 0.4 miles
7-Eleven Shops & Services
9,824 visits/mo 0.4 miles
Fine Wine & Good Spirits Groceries
7,090 visits/mo 0.5 miles
Kung Fu Tea Dining
7,072 visits/mo 0.1 miles
Starbucks Dining
6,328 visits/mo 0.5 miles

Demographics for 19147, PA

41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
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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Similar Off Market Nearby

  • Paisa Supermarket 679 Tasker St, Philadelphia, PA 19148
  • ACME Markets 1400 E Passyunk Ave, Philadelphia, PA 19147
  • El Paisano Supermarket #1 1356 E Passyunk Ave, Philadelphia, PA 19147
  • Italian Market Italian market, S 9th St, Philadelphia, PA 19147
  • First Oriental Market Inc 1111 S 6th St, Philadelphia, PA 19147

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - GIANT Food Stores occupies the property under an approximately 16-year absolute NNN lease.
Where is this grocery and convenience store located?
The property is located at 1403 South Christopher Columbus Boulevard Philadelphia, PA.
What are key features of this property?
This property features: 48,000‑square‑foot grocery property; Occupied by GIANT Food Stores; Approximately 16 years remaining on the lease
More about this property
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