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|Remaining Term||10 years, 7 months|
|Tenant||Burlington Coat Factory|
Jones Lang LaSalle Americas, Inc. (JLL) is pleased to exclusively offer the opportunity to acquire a single tenant property leased to Burlington (the Property) in Philadelphia, PA - the 8th largest MSA in the United States.
- Burlington is situated on a large, 3.41-acre parcel at the corner of the fully signalized intersection of Aramingo Avenue and Ontario Street. Aramingo Avenue is a main artery in the area that carries more than 20,000 VPD. The site is also located just off Interstate 95, which boasts nearly 130,000 VPD.
- The Property is just 5 miles away from Center City Philadelphia and minutes away from popular neighborhoods such as Fishtown and Kensington. In 2018, Forbes named Fishtown as ‘America’s Hottest New Neighborhood.’ Overall, The Philadelphia MSA contains more than 6 million people and is ranked as the 8th largest MSA in the United States.
- There are multiple National retailers surrounding the Property. Across the street is Imperial Plaza, a 126,000 SF shopping center anchored by ROSS; Shoppers World is adjacent to the premises; and Walmart, Target, The Home Depot, and Lowe’s are all just 1 mile away. Further, there are plans for a new CVS Pharmacy to be constructed adjacent to the Burlington property.