Drugstore For Sale • 13,825 SF
| Ranked among the top 10 most heavily trafficked sites in Pennsylvania, benefiting from exceptional visibility and strong retail cotenancy. |
| Features a low rent-to-sales ratio relative to the current rent, highlighting the site's high sales productivity and strong operating performance. |
| Walgreens has demonstrated a strong ongoing commitment, most recently by proposing terms in 2025 to facilitate a potential lease extension. |
| Strategically positioned on a prominent, signalized hard corner, the property spans two lots totaling approximately one acre. |
| Potential cash-on-cash returns exceeding 10%, driven by in-place income and an available financing structure that may allow enhanced leverage. |
| Cap Rate: | 7.25 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Walgreens | 13,825 SF | 11/30/2029 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Tacony (R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) | 3 min | 17 min | 0.9 mi |
| Holmesburg Junction (R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) | 5 min | - | 1.8 mi |
| Airport | Drive | Walk | Distance |
| Philadelphia International | 32 min | - | 20.1 mi |
| Trenton Mercer | 38 min | - | 25.6 mi |