Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/2942 Starting Bid: $1,500,000 Auction Event: February 16-18, 2026 7201 Castor Avenue presents a unique net-lease investment and strategic repositioning opportunity in the heart of Northeast Philadelphia’s Castor Avenue retail corridor. The ±14,525 SF freestanding Walgreens benefits from excellent street visibility, a dedicated parking lot, and strong surrounding retail synergy. The trade area is highly populated with more than 684,000 residents within a five-mile radius, offering a stable consumer base and consistent traffic drivers. The property is currently dark, but the tenant continues to pay rent through 2035, providing durable income while an investor plans long-term repositioning or redevelopment. With strong area demographics and an adaptable building footprint, this asset offers multiple value-creation strategies — including lease-up to a new user or exploring higher-and-best-use alternatives that capitalize on the site’s high-visibility location.