Grocery-Anchored Shopping Center For
For Sale
Contact for pricing
Pending
236 W Allegheny Ave, Philadelphia, PA 19133
67,125 square foot shopping center in Philadelphia, PA.
Property Size67,125 SF
Lot Size8.50 Acres
Days on Market188
Property Features for 236 W Allegheny Ave
General Information
Standard status
Pending
Size
67,125 SF
Lot size
8.50 Acres
Property subtype
Retail
Listing Agency:
JLL - Philadelphia, Pennsylvania
(215) 988-5500
Listed By:
Patrick Higgins · License #RS369496
Source:
Crexi
Added: Feb 24
Changed: Aug 8
Last Checked: Aug 8 at 2:32PM
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 JLL - Philadelphia, Pennsylvania
Investment Insights
Based on property information with market context.
Plaza Allegheny is a 67,125 square foot, grocery-anchored shopping center located in Philadelphia, PA. Developed in 2017 on an 8.5 acre site, the property is 98.5% leased. The center serves a dense, infill population with over 60,000 people within one mile and 425,000 people within a three-mile radius. The center was purpose-built as a grocery-anchored development to address an immediate need within the growing trade area, located in a market widely considered a “food desert”. Anchored by Save A Lot, Advance Auto, Santander Bank, Little Caesars, and Maria De Los Santos Medical Center, the tenant lineup has +7.1 years of weighted average tenure. The tenant mix includes grocery, service-oriented, food & beverage, and other contemporary retail uses. The location offers connectivity, situated a three-minute walk from SEPTA’s Allegheny Station, which provides direct subway access to Center City. Save A Lot's term extends through November 2030. There is an opportunity to acquire a 2-acre parcel positioned on 2nd Street and the adjacent 86,415 square foot industrial building which is occupied by two retail tenants and presents multiple redevelopment scenarios.
Key Highlights
- 98.5% leased grocery‑anchored shopping center built in 2017
- Anchored by Save A Lot with strong sales ($6.03M) and lease extended through November 2030
- Located in a densely populated area: over 60,000 people within one mile and 425,000 within three miles
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,736
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 82%
Dining 18%
Family Dollar
Shops & Services
8,824 visits/mo
0.4 miles
Family Dollar
Shops & Services
8,480 visits/mo
0.1 miles
Little Caesars Pizza
Dining
4,905 visits/mo
0.4 miles
Santander Bank
Shops & Services
3,410 visits/mo
0.4 miles
Advance Auto Parts
Shops & Services
2,338 visits/mo
0.5 miles
Demographics for 19133, PA
24,772
Population
10,766
Households
2.3
Avg Household Size
34
Median Age
7%
College-Educated
63%
High-School Grad
1.3 sq mi
ZIP Area
19,055
Density / Sq Mi
$31,756
Median Household Income
$26,563
Median Earnings
$919
Median Rent
$85,100
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Shopping center - 67,125 square foot shopping center in Philadelphia, PA.
Where is this shopping center located?
The property is located at 236 W Allegheny Ave Philadelphia, PA.
What are key features of this property?
This property features: 98.5% leased grocery‑anchored shopping center built in 2017; Anchored by Save A Lot with strong sales ($6.03M) and lease extended through November 2030; Located in a densely populated area: over 60,000 people within one mile and 425,000 within three miles
