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Rite Aid 7400-7432 Oxford Ave

10,908 SF Retail Building Philadelphia, PA 19111 $4,740,645 CAD ($434.60 CAD/SF) 10% Cap Rate

EXECUTIVE SUMMARY

• Extremely strong performing location with low rent to sales ratio (contact broker for more details)
• Recently extended lease following bankruptcy, indicating strong tenant commitment
• Rite Aid has a long operating history at this location since 1999
• Absolute NNN – zero landlord responsibilities
• Located at the corner of a signalized intersection along Oxford Avenue (20,555 VPD) which is a primary north-south thoroughfare
• Retailers in the immediate area including Wawa, CVS, Dunkin’ Donuts, McDonald’s and Taco Bell
• Positioned near Jeanes Hospital - Temple University Health System which has 176 Beds
• 710,344 people living within ?ve miles of the property

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,908 SF
Building Class
B
Year Built
1999
Price
$4,740,645 CAD
Price Per SF
$434.60 CAD
Cap Rate
10%
NOI
$474,064 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.38 AC
Zoning
N/Av
Parking
40 Spaces (3.67 Spaces per 1,000 SF Leased)
Frontage
152’ on Bleigh Ave

AMENITIES

  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Rite Aid
  • -
  • -
  • -
  • Dec 2033
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Rite Aid - - - Dec 2033
Walk Score®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

PNC Bank
ACME
WSFS Bank
Bank of America
Citizens Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
882897100
Land Assessment
$3,086,685 CAD
Improvements Assessment
$1,322,865 CAD
Total Assessment
$4,409,549 CAD
  • Listing ID: 34999636

  • Date on Market: 2025-02-27

  • Last Updated:

  • Address: 7400-7432 Oxford Ave, Philadelphia, PA 19111

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