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Property profile & analytics
OFF-MARKET
Lifestyle centers

3250 Red Lion Rd Philadelphia, PA 19114

136,685 SF Built 1966
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Year built 1966
Total area 136,685 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Giant Fitness Gym & Fitness Center
  • Physical Expectations Personal Training & Nutrition Gym & Fitness Center
  • Academy Plaza Shopping Center & Mall
  • Academy Plaza Wendy's Restaurant Take-out & Catering
  • Wells Fargo Bank Atm Bank
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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