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236 W Allegheny Ave Philadelphia, PA 19133

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67,125 square foot shopping center in Philadelphia, PA.

Property size:
67,125 SF

Property Features for 236 W Allegheny Ave

General Information

Standard status
Active
Size
67,125 SF

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Listing Contact
Patrick Higgins
Source: Crexi

Listing Agency: JLL - Philadelphia, Pennsylvania Listing Agent: Patrick Higgins

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Grocery-Anchored Shopping Center For Sale

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.
Location Intelligence

Current Use by Public Records

Patriot Home Care ... Home Health Care Service Patriot Medical Center Physician

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Food Market Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Maciel nail hair salon and barber shop, HyF State Inspection & Emission, Tulip filadelfia, Plaza Americana, Edison Plaza

Location Insight

  • Map
  • Local Demand
City
Philadelphia
County
Delaware
State
Pennsylvania
Longitude
-75.126165
Latitude
39.9978478

FAQs

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
More about this property
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