For Lease
$18/SF/YR

575 Adams AvePhiladelphia, PA 19120

Philadelphia Retail Center, 2 Spaces Available

Overview

Added:
Dec 11, 2024
Days on market:
114
This 32,000 square foot shopping center, located at 575 Adams Ave, Philadelphia, PA 19120, presents a unique investment opportunity. Built in 2012 and renovated in 2018, this Class C property sits on 1.76 acres of land at a signalized intersection of Adams and Foulkrod, offering excellent visibility and accessibility. The single-story building features 75 parking spaces and a diverse tenancy mix, including a successful restaurant, veterinary center, and a large educational facility (KenCrest Academy, 11,000 sq ft). Currently, two 5,000 square foot end-cap retail spaces are available, ideal for businesses seeking high foot traffic in a densely populated area. The property boasts a modern facade and roof, flexible floor plans, and high ceilings. Zoned commercial, this property offers a strong potential for growth within a thriving retail community. The lease rate is $18.00 per square foot per year, with flexible terms negotiable under a Triple Net (NNN) lease. This prime location, just off Roosevelt Blvd (US-1), ensures high visibility and accessibility for potential tenants. The property's strong existing tenant base and modern amenities make it an attractive investment opportunity in the Northeast Philadelphia market.

Highlights

  • 32,580 SF shopping center in Philadelphia, PA.
  • Class C property built in 2012, renovated in 2018, situated on 1.76 acres at a signalized intersection.
  • 75 parking spaces and a diverse tenancy including a restaurant, veterinary center, and 11,000 SF educational facility.
  • Two 5,000 SF end-cap retail spaces available.
  • $18.00/SF/year NNN lease rate with flexible terms.

Property Details for 575 Adams Ave

Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
32,000 SF
Class
C
Year Built/Renovated
2012/2018
Buildings
1
Stories
1

Unit(s) available at that property

Space
575-B
Size
5,000 SF
Rate per SF
$18
Space
575-A
Size
5,000 SF
Rate per SF
$18

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
40.03597205
Longitude
-75.10762009
575 Adams Ave, Philadelphia, Pennsylvania

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575 Adams Ave
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