915 Levick Street – For Sale

Listed for Sale
915 Levick Street
Philadelphia, PA 19111

31,201 square foot shopping center located in an urban infill, high barrier to entry, Northeast Philadelphia submarket

Hyper dense trade area with over 366,000 residents within 3-miles of the shopping center

Current base rent for the center is approximately 15% below market, providing stable in-place cash flow with value add and development upside

Strong historical occupancy with the current tenant lineup boasting a weighted average term length of 14 years

Credit anchors Dollar General and Pennsylvania DOT occupy nearly 50% of the GLA

Located in a Qualified Opportunity Zone providing a significant tax advantage for a new investor

Large 4+ acre site with 139 parking spaces and exposure to 30,000 vehicles per day along Levick Street and Oxford Avenue

Shadow anchored by a high-volume ShopRite and limited shopping center competition within 2 miles drives traffic to this retail node

MORE ABOUT THIS PROPERTY

Contact John (JP) Colussi215.883.7372 BIO

Contact John Buzolits215.883.7387 BIO