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    2401 Venango St Philadelphia, PA 19134

    For Lease
    $33 SF/Yr

    12,739 SF Retail/Medical Office for Lease

    Lot size:
    12,739 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 12,739-square-foot commercial property, formerly a Rite Aid, is available for lease in Philadelphia, PA. Located at 2401 E. Venango St., near Aramingo Ave., this single-tenant space offers high visibility and ample foot traffic in a high-traffic area with 28,000 cars passing daily. Built in 1990, the building sits on 1.4 acres of land and is suitable for a variety of uses, including medical offices, retail, fast food establishments, or an urgent care center. The property's previous use as a well-known pharmacy provides a legacy of established brand recognition and a strong foundation for future success. The customizable interior allows for flexible layouts to meet the specific needs of your business. The property does not include elevators. This is a rare opportunity to secure a prominent location in a thriving Philadelphia neighborhood. The property is zoned for retail, office, and restaurant uses. Don't miss this chance to establish your business in a high-traffic, high-visibility location. Inquire today to learn more about this exceptional leasing opportunity.

    Property Features for 2401 Venango St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,739 SF

    Building Details

    Year Built
    1990

    Unit(s) available at that property

    Space
    Size
    12,739 SF
    Rate per SF
    $33
    Property Profile Location Intelligence

    Current Use by Public Records

    Rite Aid Photo Photo Lab CDReload - Online Bitcoin ... Crypto Atm Coinhub Bitcoin ATM ... Atm Aramingo Cleaners Dry Cleaner Santander Bank Branch Bank

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.09636227069
    Latitude
    39.993440669608

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    FAQs

    What type of property is this?
    Restaurant - 12,739 SF Retail/Medical Office for Lease
    Where is this restaurant located?
    The property is located at 2401 Venango St Philadelphia, PA.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    Request Owner's contact information
    2401 Venango St Philadelphia, PA 19134
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    Philadelphia, PA 19134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2401 Venango St Philadelphia, PA 19134
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