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Rite Aid 7400-7432 Oxford Ave 10,908 SF Retail Building Philadelphia, PA 19111 $3,286,090 ($301.26/SF) 10% Cap Rate

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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

Rite-Aid-Philadelphia-PA

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Drug Store

Building Size

10,908 SF

Building Class

Year Built

1999

Price

$3,286,090

Price Per SF

$301.26

Cap Rate

10%

NOI

$328,609

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

Rite Aid
-
-
-
Dec 2033

TENANT	INDUSTRY	SF OCCUPIED	RENT/SF			LEASE END
Rite Aid	-	-	-			Dec 2033

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Walk Score®

Very Walkable (77)

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PROPERTY TAXES

Parcel Number	882897100	Improvements Assessment	$922,590
Land Assessment	$2,152,710	Total Assessment	$3,075,300

PROPERTY TAXES

Parcel Number

882897100

Land Assessment

$2,152,710

Improvements Assessment

$922,590

Total Assessment

$3,075,300

Listing ID: 34999636
Date on Market: 2/27/2025
Last Updated:
Address: 7400-7432 Oxford Ave, Philadelphia, PA 19111

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