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Penrose Plaza

Philadelphia, PA

258,494 SqFt

Built in 1970

Core Plus

Investment Highlights

  • Anchored by 68,174 square foot market-leading grocer Shoprite with over 17 years remaining on the lease, who had recently completed a $5m dollar remodel/expansion of the existing store.
  • Co-Anchored by new leases with DD's (Ross Stores S&P BBB+) and Planet Fitness comprising of 40,000 square feet
  • Core-Plus Urban Infill Center with Weighted Average Remaining Term of 10.3 years successfully positioned as the only grocery-anchored shopping center serving Southwest Philadelphia

Exclusively listed by

  • Brad Nathanson

    Senior Director

    Philadelphia, PA

    Philadelphia, PA

    License(s): PA: RS278775, NJ: 0674866

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