Former Rite Aid | Metro Philadelphia – High Visibility Retail Opportunity

Description:

RI Marketplace Online Auction August 11-13
Register to bid on Marketplace:

https://rimarketplace.com/auction/2576/former-rite-aid-metro-philadelphia-high-visibility-retail-opportunity?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2576

Marcus & Millichap in conjunction with RealInsight Marketplace, is pleased to offer for sale the former Rite Aid located at 6731 Woodland Avenue, Philadelphia presents an exceptional opportunity for investors and owner-users seeking a well-positioned retail asset in a densely populated corridor. Well positioned at a signalized intersection with monument signage

This ±11,292 SF freestanding building sits on ±.90 acres and is set for auction, offering a unique chance to acquire a high-visibility property in a strong Philadelphia Metro submarket. Area Retailers along this corridor include McDonald’s, Dunkin, Dollar General and AutoZone. In addition, Amazon built a brand new 140,000 SF, State of the Art fulfillment center, operating 24/7 less than 1 mile from the subject and it is +-3 miles to UPENN’s campus.

This auction represents a rare opportunity to secure a high-quality retail asset below replacement cost in a prime infill location. The property’s flexible zoning and strong market fundamentals make it an attractive acquisition for investors, developers, and operators.


Lamar P. Fisher
Fisher Auction Company Inc.
License: AU005925

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