180 Girard Ave Philadelphia, PA 19123-1660
The Shops at Schmidt's, a vibrant two-story shopping center in Philadelphia's Northern Liberties neighborhood, presents a unique opportunity for discerning businesses. This 92,049 square foot property boasts a prime location on the 2nd Street retail corridor, benefiting from high foot traffic and strong demographics. Currently, 2,434 square feet of retail space is immediately available, with additional spaces ranging up to 4,497 square feet potentially available. The center is anchored by a high-performing ACME grocery store (Albertsons/Safeway), attracting a consistent flow of customers. Other established tenants include Petco and Royal Bank America, creating a synergistic retail environment. The property features a substantial two-story parking garage, ensuring convenient access for both customers and employees. All retail spaces benefit from both street-level and garage-level access, maximizing visibility and accessibility. Located in a thriving area with over 465,000 residents within a 3-mile radius and an average household income exceeding $84,000, the Shops at Schmidt's offers exceptional potential for growth and profitability. This is a rare opportunity to secure retail space in a highly sought-after Philadelphia location. The property is situated in Philadelphia County, Pennsylvania, at 180 W Girard Ave, zip code 19123.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CMX3 · Philadelphia, PAPhiladelphia. Always verify with local authorities before improvements.
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.