Retail Space with Dual Road
For Sale
Contact for pricing
1701 Welsh Rd, Philadelphia, PA 19115
Retail opportunity in Northeast Philadelphia with strong traffic counts and convenient access from Grant Avenue and Welsh Road.
Property Size2,911 SF
Price / SF$0.55
Days on Market160
Property Features for 1701 Welsh Rd
General Information
Standard status
Active
Size
2,911 SF
Property subtype
Retail
Site & Location
Neighborhood
Northeast Philadelphia
Listing Agency:
Philadelphia
Listed By:
Todd Sussman · License #RS301789
(215) 928-7575
Source:
Colliers
Added: May 19
Changed: Oct 14
Last Checked: Oct 24 at 1:25PM
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 Philadelphia
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Investment Insights
Based on property information with market context.
This retail opportunity offers strong visibility and convenient access from both Grant Avenue and Welsh Road. Positioned for customer-facing exposure, the space is marketed as having strong traffic counts in Northeast Philadelphia.
The property is located at 1701 Welsh Rd, Philadelphia, PA 19115, with two access points that can support straightforward ingress and egress for retail operations.
For retailers seeking exposure and access, this offering combines prominent on-site visibility with a location designed for high pass-by demand.
The property is located at 1701 Welsh Rd, Philadelphia, PA 19115, with two access points that can support straightforward ingress and egress for retail operations.
For retailers seeking exposure and access, this offering combines prominent on-site visibility with a location designed for high pass-by demand.
Key Highlights
- Retail opportunity in Northeast Philadelphia
- Convenient access from both Grant Avenue and Welsh Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,901
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,020
$658.0K
Cap Rate 7%
$470,014
$470.0K
Cap Rate 9%
$365,567
$365.6K
Market Conditions
NOI Build-Up for 2,911 SF
Gross rent
$52.4K $18.00/SF
− Vacancy
−$5.4K −$1.85/SF
EGI
$47.0K $16.15/SF
− OpEx
−$14.1K −$4.84/SF
NOI
$32.9K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,020
Cap Rate 7%
$470,014
Cap Rate 9%
$365,567
Alternative Uses
Best Use
Retail
$470.0K
$411.3K – $548.4K
NOI $32,901 @ 7.0% cap · market cap 2,056.31%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$709.7K
$621.0K – $827.9K
NOI $49,676 @ 7.0% cap · market cap 3,104.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,322
Businesses Nearby
180k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Leisure 14%
Groceries 13%
Dining 12%
Wawa
Shops & Services
41,640 visits/mo
0.3 miles
Bank of America
Shops & Services
25,452 visits/mo
0.1 miles
Regal UA
Leisure
25,087 visits/mo
0.2 miles
Aldi
Groceries
23,112 visits/mo
0.3 miles
Dollar Tree
Shops & Services
13,777 visits/mo
0.1 miles
Demographics for 19115, PA
35,919
Population
15,071
Households
2.4
Avg Household Size
44
Median Age
37%
College-Educated
92%
High-School Grad
5.2 sq mi
ZIP Area
6,908
Density / Sq Mi
$70,388
Median Household Income
$48,949
Median Earnings
$1,230
Median Rent
$330,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Retail space - Retail opportunity in Northeast Philadelphia with strong traffic counts and convenient access from Grant Avenue and Welsh Road.
Where is this retail space located?
The property is located at 1701 Welsh Rd Philadelphia, PA.
What are key features of this property?
This property features: Retail opportunity in Northeast Philadelphia; Convenient access from both Grant Avenue and Welsh Road
