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Former Rite Aid 5400 Rising Sun Ave 11,008 SF Retail Building Philadelphia, PA 19120 $1,999,000 ($181.60/SF)
Investment Highlights
- Former Rite Aid | 11,008 SF Freestanding Building On 1.08 Acres
- Strong Fundamentals For Investors Seeking To Re-Lease Or Reposition A High-Traffic, Infill Asset
- Strong Daytime Traffic With ±25,000 Vehicles Per Day Ample On-Site Parking With Multiple Access Points
- Drive-Thru Equipped — Ideal For Pharmacy, Medical, Bank, Or Quick- Service Conversion
- Hard Corner Location With Excellent Visibility Along Rising Sun Ave, A Major Retail Corridor | Pylon Sign Visible From Main Road
- Dense Urban Infill Location Surrounded By Residential And Established National Retailers
Executive Summary
Former Rite Aid | 11,008 SF Freestanding Building On 1.08 Acres
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,008 SF
Building Class
C
Year Built
1990
Price
$1,999,000
Price Per SF
$181.60
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.05 AC
Zoning
R5
Frontage
150’ on Rising Sun Ave
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (77)
Nearby Major Retailers
Property Taxes
| Parcel Number | 882872400 | Improvements Assessment | $746,340 |
| Land Assessment | $1,741,460 | Total Assessment | $2,487,800 |
Property Taxes
Parcel Number
882872400
Land Assessment
$1,741,460
Improvements Assessment
$746,340
Total Assessment
$2,487,800
Contacts
-
Deno Bistolarides -
Brent Hanna -
Brandon Hanna -
Encore Real Estate Investment Services
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