A prominent South Philadelphia shopping center with a strong tenant lineup has hit the market.
Goldenberg Group, a Blue Bell-based developer, has listed the fully occupied Columbus Commons at 2106 S. Christopher Columbus Blvd. for sale. The retail center, developed nearly 20 years ago, spans 643,810 square feet in total. However, the listing excludes Ikea and Lowe’s, which own their individual properties as shadow anchors.
The portion for sale covers 124,853 square feet and is anchored by long-standing tenants such as Best Buy, Raymour & Flanigan, and Dollar Tree. The shopping center boasts an impressive average tenant tenure of 17.6 years, with a weighted average lease term of 4.2 years.
*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.
