1002-1020 N 2nd St
Philadelphia, PA 19123
bfresh Market | Ahold USA Lease Guarantor · Multifamily Property For Sale · 53 Units

Stan Johnson Company ( SJC ), on behalf of Ownership as its exclusive advisor, is pleased to offer for sale the opportunity to acquire the ground floor retail located at 1002-1020 North 2nd Street in the Northern Liberties neighborhood of Philadelphia, PA (the Property ). The Property enjoys frontage on the primary commercial corridor in Northern Liberties, a community that is among the fastest growing in the country with population currently growing at 2.6 times the national average. Today 38% of all adults aged 20 to 34 in all of Philadelphia live within two miles of the Property, while a population of approximately 450k and 960k residents live within three and five miles, respectively. As such, this is a rare and exceptional opportunity to acquire a net-leased asset with unrivaled residual value in a location where real estate is quickly becoming exceedingly scarce within one of America' s largest cities. Northern Liberties, commonly referred to as NoLibs, was once known as Philadelphia' s first suburb. Located directly north of Center City (specifically, Old City), it is bound by Girard Avenue to the north, Callowhill Street to the south, North 6th Street to the west and the Delaware River to the east. Historically an industrial neighborhood, it is today viewed as one of the nation' s primary examples of urban renewal.