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Retail

Northeast Tower Center

Philadelphia, PA

499,118 SqFt

Built in 1996

Core

Investment Highlights

  • Northeast Tower is positioned next to major employers Cardone Industries Headquarters (5,000 employees) and Naval Support Activity Campus (5,200 employees – 2.25 million square feet) as well as the newly build Samuel Fels High School
  • Temple University, the second largest university in Pennsylvania with over 40,000 students, is located just four miles south off of Route 611, providing for the closest regional shopping center for the students
  • Anchored by Consistent Performing Global Retailers Home Depot and Walmart, some of their best performing locations within the region and state
  • 84% of the overall gross leasable area has been a tenant at the property for at least fifteen years, speaking to the stability and performance of the retailers at Northeast Tower Center
  • Value-Add Development Opportunity on Contiguous Five Acres for Multi-Family or Government Office as well as possible 6,000 square foot expansion to small shop by Walmart
  • Hyper Urban Infill Location with over 430,000 people within three miles, located approximately 6.5 miles north of Center City Philadelphia

Exclusively listed by

  • Brad Nathanson

    Senior Managing Director Investments

    Philadelphia, PA

    bnathanson@ipausa.com

    Philadelphia, PA

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

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