7401 Ogontz Ave - Drug Store FOR SALE


Philadelphia, PA 19138- Cedarbrook-Stenton
$3,383,000 USD
610-670-2770
7401 Ogontz Ave, Philadelphia, PA for Sale
$3,383,000 USD
Drug Store - FOR SALE
1/24
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7401 Ogontz Ave
Philadelphia, PA 19138
Cedarbrook-Stenton


OVERVIEW

7401 Ogontz Avenue is a former Rite Aid store located in the Ogontz/Belfield neighborhood known as the West Oak Lane section. This area is considered the northern part of the city, near the border with Montgomery County. The building is 24,265 square feet and rests on 1.34 acres of land. Rite Aid occupied approximately 10,000 square feet of the building for their retail center along with additional storage areas. There is a 6’ x 8’ roll up door for deliveries along with an additional three dock doors facing Limekiln Pike. The building sits at a traffic light-controlled intersection at Ogontz Avenue and Sommers Road and has a private macadam lighted parking lot with 70 spaces. The original use of the building was for a grocery store and continues to have substantial electrical power and a sprinkler system.

FOR SALE DETAILS

PRICE

$3,383,000 USD

PRICE/SF

$80 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Rite Aid

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

74

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,370 SF

ZONING

CA1

APN/PARCEL ID

882127000

ASK ABOUT THIS PROPERTY

Kent WrobelRE/MAX of ReadingMore Info
610-670-2770

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Kent WrobelRE/MAX of ReadingMore Info
610-670-2770

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.