Philadelphia-headquartered Rite Aid persists in its endeavor to sell off store leases and properties amid Chapter 11 bankruptcy proceedings, expanding its offerings to include seven additional locations in the Philadelphia area, encompassing two stores situated on Broad Street.
As of the latest update released on Tuesday, Rite Aid currently lists seven retail leases and six properties in the Philadelphia area. Among the newly added Philadelphia leases are stores located at 810 S. Broad St. and 3260 N. Broad St.
Nationwide, the retail pharmacy chain has put up 84 retail leases and 21 fee-owned properties for sale across 14 states. This updated count shows a decrease of eight available leases from the previous listing on Nov. 5, which listed a total of 92 properties, indicating an ongoing fluctuation as stores are both added and removed from the market.
*Article courtesy of Philadelphia Business Journal
For more information about Philadelphia retail space for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.
Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.