Real estate investor Ben Ashkenazy's strategic acquisition positions Upper Darby's 69th Street retail corridor under single ownership. The ten-block property features over 60 national and regional tenants.
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Ashkenazy Acquisition Corporation, led by founder and CEO Ben Ashkenazy, recently acquired the remaining ownership interest in the 69th Street Retail property in Upper Darby, Pennsylvania. Philadelphia's Premier Urban Retail Corridor spans over 10 city blocks with more than ±2,500 feet of frontage.
The acquisition positions 69th Street Retail as a significant retail destination in the Philadelphia market with extensive frontage and a strategic location providing excellent visibility for current and future tenants.
Prime retail spaces are now available for lease. The property features multiple entrance points and over ±2,000 dedicated parking spaces, offering excellent accessibility for both retailers and shoppers alike.
The 69th Street Retail corridor is home to over 60 national and regional tenants, including H&M, Ross Dress for Less, Burlington Coat Factory, Chipotle, iHop, as well as Foot Locker, Chase Bank, Old Navy, Rite Aid, AT&T, and Old Navy.
Located adjacent to the 69th Street SEPTA Terminal, which serves over 34,000 passengers daily, the property reaches a substantial consumer base. The surrounding area includes 352,478 residents within a three-mile radius and 713,976 within five miles, with average household incomes of $52,519 and $59,864, respectively.
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