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Property profile & analytics
FOR LEASE
Strip malls

7601 Lindbergh Blvd Philadelphia, PA 19153

42,875 SF 4.28 ac lot Built 1990
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US73-1098432
Property summary
AI-generated overview

This exceptional retail opportunity is located within the Penrose Park Shopping Center, a thriving retail hub in Philadelphia, Pennsylvania. The property, situated at 7601 Lindbergh Blvd, zip code 19153, offers a single, vacant suite totaling 3,019 square feet within a larger 42,357 square foot building. The center boasts a strong tenant mix of national and regional retailers, anchored by a Rite Aid, ensuring consistent foot traffic and visibility. Its prime location in South & Southwest Philadelphia provides access to a densely populated area. The center enjoys excellent accessibility, with convenient access from major highways I-95 and I-76. High visibility is ensured by a large pylon sign at the intersection of Lindbergh Boulevard and Island Avenue, benefiting from an impressive 48,244 vehicles passing daily. This space presents a unique chance to establish or expand a retail business in a high-traffic, well-established shopping center within Philadelphia County. The property is classified as Retail, with a Shop subtype and multiple tenancy. This is a single suite opportunity within a larger center. This location offers significant potential for a variety of retail businesses seeking a strong presence in a busy commercial area.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1990
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 42,875 SF
Lot 4.28 ac (186,611 SF)
Zoning code CA2
APN 88-2-1230-00
UPID US73-1098432
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
  • Dunkin' Cafe & Coffee Shop
  • Penrose Park Shopping Center Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.83M
Owner & transaction history
Rs Realty Partners LP · 18 yrs held
Rs Realty Partners LP
since 2008
3 recorded transactions
2023
Price N/A
2017
Price N/A
2008
$6.2M
Zoning & alternative use
CA2 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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