Bustleton Welsh Shopping Center

$3,700,000

1916 Welsh Road, Philadelphia, PA 19115

For Sale

Retail Neighborhood Center

Active

Last Updated: 07/28/2025

Details:

Cap Rate: 9.16%

NOI: $338,765

Pro Forma Cap Rate : 338%

Building Size: 27,020 sqft

Lot Area: 1.93 acres

Occupancy: 100%

Year Built: 1971/1974

Zoning: CA-1

Parking Spots: 98

Offered by

Bart Delfiner

Principal

Equity CRE

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Edward Ginn

Principal

Equity CRE

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Highlights:

Value-Add Opportunity: With several leases on a month-to-month gross-lease tenancy, there is an opportunity to easily extend and convert the leases to full net.
Densely Populated Area: Center benefits from densely populated surrounding area with nearly 200,000 people living within a 3-mile radius.
Strong Demographics: This property thrives from the strong demographics surrounding this location, with an average HHI of $99,178 with a 3-mile radius.
Zoning: Bustleton Welsh Shopping Center is zoned CA Auto-Oriented Commercial, which allows for a range of uses, often in the form of shopping centers and other destination-oriented uses.

Description:

Equity CRE and Eastman Arnold are pleased to present to qualified investors the opportunity to purchase Bustleton Welsh Shopping, a 27,020 SF shopping center with a wide-ranging tenant mix. The subject property is situated between Welsh Road and Old Bustleton Avenue in the Bustleton section of Philadelphia. The tenant mix consists of service-oriented tenants that conveniently serve customers in the community and surrounding areas.