3250 Red Lion Rd Philadelphia, PA 19114

Property Details for 3250 Red Lion Rd

Year built

1966

Property size

136,685 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

Academy Plaza, a 136,685 square foot shopping center in Philadelphia, Pennsylvania, presents a compelling investment opportunity. Located at 3250 Red Lion Rd, Philadelphia, PA 19114, this established center boasts a prime location in Northeast Philadelphia, benefiting from high traffic counts due to its position at the intersection of Academy and Red Lion Roads. The property sits on a 10.34-acre lot and offers 560 parking spaces for customer convenience. Built in 1966, Academy Plaza is anchored by Acme Markets and Giant Fitness, ensuring consistent foot traffic and strong tenant synergy. Currently, there are 10 suites available, ranging in size from a minimum of 745 square feet to a maximum contiguous space of 11,860 square feet. A total of 36,267 square feet is currently vacant, providing significant potential for new tenants. Existing tenants include Supreme Nail Salon and Salon Bella, demonstrating the diverse range of businesses that thrive in this location. The center serves a densely populated area, with over 300,000 people within a five-mile radius, providing a substantial customer base for prospective tenants. This well-established shopping center offers a unique blend of established businesses and significant expansion potential, making it an attractive investment in a thriving Philadelphia neighborhood. The property is located in Philadelphia County.

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Longitude

-74.9931

Latitude

40.0803