2298 Ritner St Philadelphia, PA 19145
This exceptional Philadelphia retail property, located at 2298 W Ritner St, offers 20,318 total square feet in a single-story building situated on a 1-acre lot in Philadelphia County, Pennsylvania. Currently, a portion of the space is occupied by a Pep Boys tire and auto repair operation under a long-term ground lease. However, a significant portion of the building, totaling 12,078 square feet, is currently vacant and available for lease. The vacant space presents a unique opportunity for a variety of uses. Previous uses included parts sales, and the landlord is open to a range of tenants, including medical facilities (such as dialysis or plasma centers), daycare centers (for children or pets), discount retailers, furniture stores, tool and hardware stores, and automotive-related businesses that do not directly compete with the existing Pep Boys tire and repair services (examples include collision centers, auto glass repair, or specialized auto parts retailers). The available space is divisible, with sizes ranging from approximately 3,200 to 11,500 square feet. Negotiable cash allowances may be available for suitable tenants, contingent upon a rent structure that ensures a fair return on investment for building improvements. The property's prime location in Philadelphia, PA (zip code 19145), offers excellent visibility and accessibility. This is an ideal opportunity for a business seeking a prominent location with substantial space in a thriving urban market.
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KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
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Zipcar Car Rental Facility
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Auto Plus Auto Parts Auto Parts Store
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Pep Boys (Bike/Boat/Book/etc) Store Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.