Riverview Plaza_Property for Sale
Riverview Plaza_Property for Sale
1100R South Christopher Columbus Boulevard, Philadelphia, PA, 19147, US

Riverview Plaza

Asset Description

Jones Lang LaSalle Americans, Inc. (“JLL”) is pleased to exclusively offer Riverview Plaza, a collection of three open-air shopping centers totaling 243,110 square feet, located at the corner of S. Christopher Columbus Blvd and Washington Avenue, with irreplaceable positioning along the Delaware River waterfront in Center City Philadelphia. The Offering provides investors with the opportunity to acquire the Properties as individual assets or as a portfolio. In total, the Offering includes 9.7 acres of generational real estate uniquely positioned within one of Philadelphia’s premier retail corridors and adjacent to some of its most affluent neighborhoods, with a mix of durable, in-place cash flow derived from a service-oriented tenant lineup, alongside an opportunity to re-develop and density land zoned CMX-3, which permits residential development by right. 

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Attributes

Building area net
22,586 m²
Land area gross
3.93 ha
WAULT
3.8 years
Zoning
CMX-3

Media

Investment Highlights

  • Opportunity to Acquire +9.7 Acres of Irreplaceable Real Estate Along Delaware River Waterfront Adjacent to Center City Philadelphia's Most Affluent Consumer Base
  • Situated Directly in the Path of Development
  • Diversified Merchandising Mix Servicing the Extended Trade Radius
  • Generational Opportunity to Transform Merchandising Mix and Mark Rents to Market
  • Established, Infill Submarket with Excellent Demographic Profile, Transportation Infrastructure and Extended Consumer Reach
Riverview Plaza 4_Property for Sale
Riverview Plaza 4_Property for Sale

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Riverview Plaza (0 Properties)

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Last updated
14 Oct 2024