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Corner Retail Space

1508 RIDGE AVENUE, Philadelphia, PA 19130

For Lease
$2,500/Mo

The site occupies the intersection of Ridge Avenue and Brown Street in Philadelphia.

Space SizeContact for details
Property Size13,300 SF
Days on Market258

Property Features for 1508 RIDGE AVENUE

General Information

Standard status Active
Size 13,300 SF
Property subtype Retail

Site & Location

Neighborhood Francisville
Corner Location Yes

Additional Details

Space Use Retail

Building Details

Building Size 13,300 SF
Year Built 2017
Listing Agency: Delphi Property Group, LLC
Listed By: Jaqi Kleiman · License #RS347275
Source: Wagnerrealestate
Added: Feb 25 Changed: Nov 8 Last Checked: Nov 8 at 2:50PM

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 Delphi Property Group, LLC

Rey
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Investment Insights

Based on property information with market context.

This retail property was built in 2017 and sits at the intersection of Ridge Avenue and Brown Street in Philadelphia. Its corner placement anchors the property within the Ridge Avenue retail corridor.

Fairmount Station on SEPTA’s Broad Street Line is approximately 0.04 miles away. Interstate 676 is 2 miles from the property, and Interstate 95 is 4 miles away. SEPTA bus routes 61, 2, and 33 also serve the area.

Nearby businesses include Muse Yoga and Fitness, Our Town Taproom, The Blending Laboratory Beauty Salon, Solace Pharmacy and Wellness Shop, Casual Luxury Clothing Store, Juiced By B, and the Nail Cafe.

Key Highlights

  • Corner location at Ridge Avenue and Brown Street
  • Built in 2017
  • Approximately 0.04 miles from Fairmount Station on SEPTA’s Broad Street Line

Property Analytics

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

Current Use

The Gateway Apartment Building

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Butcher Home Appliance Store Kitchen & Bath Showroom Clothing & Fashion 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

NNN (Triple Net)
Lease Type
$0.34 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,089
Businesses Nearby
92k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 63% Shops & Services 32% Home Improvements & Furnishings 2% Electronics 2%
KFC Dining
32,572 visits/mo 0.3 miles
Sunoco Shops & Services
14,890 visits/mo 0.5 miles
Dunkin' Donuts Dining
9,196 visits/mo 0.2 miles
Applebee's Dining
8,592 visits/mo 0.4 miles
Starbucks Dining
6,781 visits/mo 0.4 miles

Demographics for 19130, PA

31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Philadelphia, PA

$24.64 /SF/Yr
Avg Asking Price
$3.32–$100 /SF/Yr
Price Range
7,254 SF
Avg Space Size

This space is priced 91% below the average of $24.64 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Philadelphia, PA

$23.99 Jul
$25.14 Aug
$24 Sep
$24.7 Oct

Properties on Market for Retail space 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

Frequently Asked Questions

What type of property is this?
Retail space - The site occupies the intersection of Ridge Avenue and Brown Street in Philadelphia.
Where is this retail space located?
The property is located at 1508 RIDGE AVENUE Philadelphia, PA.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Corner location at Ridge Avenue and Brown Street; Built in 2017; Approximately 0.04 miles from Fairmount Station on SEPTA’s Broad Street Line
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