DeBeary Square

$5,400,000

35 East Chelten Avenue, Philadelphia, PA 19144

For Sale

Retail Neighborhood Center

Active

Last Updated: 12/17/2024

Details:

Cap Rate: 7.24%

NOI: $390,963

Building Size: 29,832 sqft

Lot Area: 1.75 sqft

Year Built: 1995

Zoning: CMX 2.5

Tenancy: Multiple

Offered by

Ken Yanni

Broker

Equity Retail Brokers

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Ken Mc Evoy

Prinicipal

Equity Retail Brokers

Description:

DeBeary Square is a 29,832 square-foot neighborhood strip center strategically positioned to serve the vibrant and densely populated community in its vicinity. Featuring a blend of service, retail, and restaurant options. DeBeary Square offers both convenience and essential services, reinforcing its role as a valuable asset within the local economy. Its proximity to key transit hubs, including a major SEPTA station, multiple bus stops, and the renowned LaSalle University, coupled with its location near the busy Germantown Avenue and Chelten Avenue intersection, makes it an ideal destination for both tenants and customers seeking accessibility and high foot traffic.