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Walgreens (Dark) 7201 Castor Ave 14,525 SF Retail Building Philadelphia, PA 19149 For Sale

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Investment Highlights

Freestanding retail building with prominent frontage on Castor Avenue
Surface parking supports customer and employee convenience
Accessible to surrounding residential neighborhoods and regional roadways

Corner positioning enhances visibility and customer access
Located within an established Northeast Philadelphia retail corridor

Executive Summary

7201 Castor Avenue presents an opportunity to acquire a freestanding retail asset positioned along one of Northeast Philadelphia’s established commercial corridors. The property consists of a single-story retail building constructed in 2010 and situated on approximately 1.07 acres with frontage along Castor Avenue. Its highly visible corner location supports strong exposure to daily traffic and provides convenient access from surrounding residential neighborhoods and commercial districts.
The property benefits from its location within a densely populated section of Philadelphia, surrounded by a mix of national retailers, local businesses, healthcare services, and community amenities. Castor Avenue serves as a significant north-south thoroughfare connecting consumers throughout Northeast Philadelphia, while nearby Roosevelt Boulevard and other regional roadways provide efficient access across the greater Philadelphia metropolitan area.
The site includes surface parking and a layout that can support a variety of retail, service, medical, and consumer-oriented uses, subject to applicable approvals. Investors and owner-users may find value in the property's established retail positioning, modern construction, and prominent street presence. The combination of visibility, accessibility, and location within a mature commercial trade area contributes to the property's long-term relevance within the market.

Flyer - Philadelphia, PA

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Drug Store

Building Size

14,525 SF

Building Class

Year Built

2010

Tenancy

Single

Building Height

1 Story

Building FAR

0.31

Lot Size

1.07 AC

Zoning

C7 - Primarily intended to accommodate a very broad range of uses, often in the physical form of shopping centers and other destination-oriented uses

Frontage

212’ on Castor Ave

Retailer
-
-
Jan 0000

Walgreens began in Chicago in 1901, after pharmacist Charles R. Walgreen Sr. purchased the drugstore where a pharmacy career began. The company grew from a neighborhood drugstore into a broad retail health business offering prescription services, health and wellness products, photo services, home delivery, specialty pharmacy, and virtual healthcare. Walgreens serves customers through a wide network of community pharmacies and digital platforms, with a focus on accessible medicine, everyday essentials, and healthcare support.