Brian Brockman 5133000763

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

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

Pylon Sign
Signalized Intersection

Drive Thru

MAJOR TENANTS

Rite Aid
-
-
-
Dec 2033

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

TRAFFIC

COLLECTION STREET	CROSS STREET	TRAFFIC VOLUME	YEAR	Distance
Oxford Ave	Bleigh Ave, S	21,194	2025	0.03 mi
Oxford Avenue	Cottman Ave, S	16,503	2025	0.06 mi
Oxford Avenue	Bleigh Ave, N	11,041	2025	0.07 mi
Oxford Ave	Rockwell Ave, N	12,221	2025	0.12 mi
Cottman Avenue	Ryers Ave, NW	20,109	2025	0.15 mi
Cottman Ave	Oakley St, SE	19,498	2025	0.16 mi
Hasbrook Ave	Cottman Ave, SW	401	2025	0.19 mi
Rising Sun Ave	Cottman Ave, SW	7,460	2025	0.19 mi
Oxford Ave	Cottman Ave, S	16,792	2024	0.21 mi
Cottman Ave	Rising Sun Ave, NW	23,837	2024	0.21 mi