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Oxford Levick Shopping Center 915-919 Levick St 31,201 SF 100% Leased Retail Building Philadelphia, PA 19111 $11,141,607 CAD ($357.09 CAD/SF) 7.30% Cap Rate
Investment Highlights
- Oxford Levick Shopping Center presents a multi-tenant center anchored by Philadelphia's PennDOT Driver License Centers, the state’s acting DMV.
- One-of-a-kind investment opportunity to acquire a state-anchored shopping center also home to national tenants Popeye’s, Little Caesars, and UPS.
- Neighboring retailers include Rite Aid, Dunkin’, Wingstop, Hollywood Video, Dollar Tree, and Shop Rite Supermarket.
- Excellent traffic count and high visibility with plenty of parking, plus easy access from both directions, being a prominent freestanding location.
- Historical occupancy/long-term tenancy aligns with the asset’s robust cash-flow and prime positioning for tenant demand, driving a strong ROI.
- Direct frontage along Levick Street and adjacent to a signalized intersection makes the center visible to more than 16,000 daily passing vehicles.
Executive Summary
Oxford Levick Shopping Center presents an enticing investment opportunity to acquire a fully occupied, state-anchored retail asset offering durable cash flow and long-term tenant stability.
Anchored by Philadelphia’s PennDOT Driver License Center, Oxford Levick Shopping Center benefits from a consistent traffic draw and is further strengthened by nationally recognized tenants, Popeyes, Little Caesars, and UPS, as well as multiple local, internet-resistant tenants and service providers. Serving as the cornerstone tenant, the Pennsylvania Driver License Center provides a dependable source of daily consumer activity that supports the center's long-term performance and visibility. The property's diverse rent roll combines nationally recognized brands with a complementary mix of local service-oriented businesses, creating a stable and resilient tenant ecosystem.
Strategically located at the highly traveled intersection of Oxford Avenue and Levick Street, the shopping center benefits from prominent street presence, strong accessibility, and exposure to more than 16,000 vehicles per day. A generous parking lot and convenient ingress and egress further enhance the customer experience and tenant appeal.
The property's history of sustained occupancy reflects its strong market position and consistent leasing demand. At the same time, its placement within an established retail corridor, surrounded by major destination retailers and everyday-needs businesses, reinforces the center's role as a key neighborhood shopping destination and supports long-term income durability for investors.
This rare investment opportunity delivers stable returns through a proven tenant mix, a state-backed anchor, and a highly visible infill location.
2025 P&L statements and rent rolls are available upon request, and an environmental report was completed in 2023. The property is being offered for cash only, with no mortgage contingencies. Brokers are protected with a 3% commission. Contact the listing team today to request due diligence materials and secure this exceptional, fully stabilized retail investment opportunity.
Anchored by Philadelphia’s PennDOT Driver License Center, Oxford Levick Shopping Center benefits from a consistent traffic draw and is further strengthened by nationally recognized tenants, Popeyes, Little Caesars, and UPS, as well as multiple local, internet-resistant tenants and service providers. Serving as the cornerstone tenant, the Pennsylvania Driver License Center provides a dependable source of daily consumer activity that supports the center's long-term performance and visibility. The property's diverse rent roll combines nationally recognized brands with a complementary mix of local service-oriented businesses, creating a stable and resilient tenant ecosystem.
Strategically located at the highly traveled intersection of Oxford Avenue and Levick Street, the shopping center benefits from prominent street presence, strong accessibility, and exposure to more than 16,000 vehicles per day. A generous parking lot and convenient ingress and egress further enhance the customer experience and tenant appeal.
The property's history of sustained occupancy reflects its strong market position and consistent leasing demand. At the same time, its placement within an established retail corridor, surrounded by major destination retailers and everyday-needs businesses, reinforces the center's role as a key neighborhood shopping destination and supports long-term income durability for investors.
This rare investment opportunity delivers stable returns through a proven tenant mix, a state-backed anchor, and a highly visible infill location.
2025 P&L statements and rent rolls are available upon request, and an environmental report was completed in 2023. The property is being offered for cash only, with no mortgage contingencies. Brokers are protected with a 3% commission. Contact the listing team today to request due diligence materials and secure this exceptional, fully stabilized retail investment opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
31,201 SF
Building Class
B
Year Built
1980
Price
$11,141,607 CAD
Price Per SF
$357.09 CAD
Cap Rate
7.30%
NOI
$812,847 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.18
Lot Size
4.03 AC
Opportunity Zone
Yes
Zoning
CA-2 - Auto-oriented commercial uses, such as shopping centers and other destinations where many customers arrive by car
Parking
139 Spaces (4.45 Spaces per 1,000 SF Leased)
Amenities
- Signage
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Demographics
Demographics
1 mile
3 mile
5 mile
15 min drive
2025 Population
55,417
339,887
735,435
1,213,504
2030 Population
53,460
329,740
724,306
1,207,740
2025-2030 Projected Population Growth
-3.5%
-3.0%
-1.5%
-0.5%
Median Age
35.7
37.3
38.3
38.1
College Degree + Higher
16%
19%
22%
18%
Daytime Employees
6,211
72,492
201,513
377,869
Total Businesses
972
10,208
27,822
50,054
Average Household Income
$69,165
$76,898
$76,858
$88,288
Median Household Income
$56,052
$57,111
$55,515
$63,986
Total Consumer Spending
$456.1M
$3B
$6.8B
$12.6B
2025 Households
18,646
120,254
275,269
474,300
Average Home Value
$216,855
$240,447
$258,801
$319,126
$ values in USD
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Dragon City | Chinese | $$$ | In Building |
| Domino’s | - | - | 2 min walk |
| Wingstop | - | - | 3 min walk |
| J & D Produce & Deli | - | - | 7 min walk |
| Peet's Coffee And Tea | Cafe | - | 11 min walk |
| Flavor Spot | Caribbean | $$$ | 13 min walk |
| Salerno's Pizza | Pizza | $ | 13 min walk |
| Soulfed Lounging By The Sea | Seafood | $$$$ | 13 min walk |
| Renaissance Grille & Bar | Grill | - | 13 min walk |
| Fifi’s Creole Cuisine | Creole | $$ | 13 min walk |
Retail |
||
|---|---|---|
| Dollar General | Dollar/Variety/Thrift | In Building |
| Classic Mini Mart | Supermarket | In Building |
| Metro by T-Mobile | Wireless Communications | 2 min walk |
| Dollar Tree | Dollar/Variety/Thrift | 2 min walk |
| Speedway | Convenience Market | 2 min walk |
| Rite Aid | Drug Store | 2 min walk |
| Bank of America | Bank | 13 min walk |
| Family Dollar | Dollar/Variety/Thrift | 13 min walk |
| Save-A-Lot | Discount Grocer | 13 min walk |
| Boost Mobile | Wireless Communications | 15 min walk |
Hotels |
|
|---|---|
| Knights Inn |
110 rooms
6 min drive
|
| Four Points by Sheraton |
189 rooms
12 min drive
|
| Red Carpet Inn |
98 rooms
16 min drive
|
Property Taxes
| Parcel Number | 882128505 | Improvements Assessment | $1,857,432 CAD |
| Land Assessment | $4,334,009 CAD | Total Assessment | $6,191,441 CAD |
Property Taxes
Parcel Number
882128505
Land Assessment
$4,334,009 CAD
Improvements Assessment
$1,857,432 CAD
Total Assessment
$6,191,441 CAD
Sale Advisor
Sale Advisor
Barry Bernsten, Manager
Barry Bernsten is a Manager with KRB Management Assoc.
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Presented by
KRB Management Assoc.
Oxford Levick Shopping Center | 915-919 Levick St
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