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    2417 Welsh Rd Philadelphia, PA 19114

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    For Lease
    Contact for pricing

    Prime Northeast Philly Retail Center

    Lot size:
    7,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Blue Grass Plaza, a vibrant retail strip center in Philadelphia County, offers exceptional leasing opportunities. This 7,400 square foot center boasts a strong anchor tenant lineup including NetCost and Dollar General, ensuring high foot traffic and visibility. Currently, 4,600 square feet of retail space is available, divisible into units ranging from 1,600 to a maximum contiguous 3,000 square feet. Ideal for a variety of retail uses, the space is delivered in vanilla box condition, featuring one ADA-compliant restroom. The property benefits from an excellent location on Welsh Road, a major thoroughfare with a daily traffic count of 17,845 vehicles. Its proximity to Route 1 (Roosevelt Boulevard), boasting 35,786 vehicles per day, further enhances its accessibility and exposure. Ample parking is provided with 400 spaces available for customers and employees. This strategically positioned center offers strong demographics and significant potential for growth, making it an attractive investment for businesses seeking a high-traffic location in Northeast Philadelphia. The property is conveniently located near the intersection of Welsh Road and Route 1, providing easy access for customers and employees. The available space presents a unique opportunity to establish or expand a retail presence in a thriving commercial area.

    Property Features for 2417 Welsh Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,400 SF

    Unit(s) available at that property

    Space
    Suite 20
    Size
    1,600 SF
    Space
    Suite 19
    Size
    1,600 SF
    Space
    Suite 3
    Size
    3,000 SF

    HighLights

    • 7,400 SF retail strip center in Philadelphia County.
    • Three available spaces ranging from 1,600 to 3,000 SF.
    • NetCost and Dollar General anchored.
    • Excellent location on Welsh Road (17,845 VPD) near Route 1 (35,786 VPD).
    • One 3,000 SF space is a vanilla box with one ADA bathroom.
    • 400 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    The UPS Store Shredding Service Peaceful Living Counseling ... Counselor Paul Joseph Hairstyling Barber Shop Accencio Patent Attorney New England Pizza Pizza Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.0308382
    Latitude
    40.0721272

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Northeast Philly Retail Center
    Where is this neighborhood center located?
    The property is located at 2417 Welsh Rd Philadelphia, PA.
    What are key features of this property?
    This property features: 7,400 SF retail strip center in Philadelphia County.; Three available spaces ranging from 1,600 to 3,000 SF.; NetCost and Dollar General anchored.
    Request Owner's contact information
    2417 Welsh Rd Philadelphia, PA 19114
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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
    2417 Welsh Rd Philadelphia, PA 19114
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