2500 Wharton St
Philadelphia, PA 19146
Dollar Tree · Retail Property For Sale

CBRE is pleased to exclusively present for sale this Dollar Tree property located on Wharton Street in Philadelphia, PA. This is a new 10 year lease, corporately guaranteed by Dollar Tree, rated BB+ by Standard & Poor's. This double net lease offers minimal landlord responsibilities or expenses. The site is a brand new construction building, also offering zero deferred maintenance for the landlord. There are 5% rental increases in the base term of the lease and in each two, five year options to renew. Dollar Tree sits at the hard corner of Wharton Street and S 25th Street with excellent access and visibility and will experience tremendous foot traffic based on the sheer density within a few blocks. There are 67,923 people within 1 mile of the site, 442,495 people within 3 miles and 858,610 people within 5 miles. Situated in Point Breeze/Grays Ferry, this is one of the fastest growing neighborhoods in Philadelphia due to the availability of affordable housing and proximity to the downtown area as well as University City, home to several major universities and medical networks. This area is also experiencing new residential and commercial development in close proximity to the subject property illustrating the tenant’s enthusiasm for the location as well as their expected success in this growing submarket. There is limited dollar store competition in this area and this site will cover the entire Grays Ferry neighborhood of Philadelphia and serve multiple needs in this submarket.