ARCTRUST has sold Shoppes at Wissinoming, a grocery-anchored shopping center located at 5597 Tulip St. in Philadelphia's Northeast submarket for $30.8 million.
The 97,982-square-foot shopping center, built in 2018, represents a contemporary retail destination in one of Philadelphia's most densely populated submarkets. At 98 percent occupancy, Shoppes at Wissinoming operates as a neighborhood center with a complementary merchandising mix including grocery, food and beverage, medical, telecommunications and service-oriented retailers.
The property features ShopRite as its dominant grocery anchor, occupying 67,846 square feet, and other notable tenants include Wawa, Popeyes, AT&T, Elite Dental and Wissinoming Laundromat.
The 11.3-acre site benefits from transportation infrastructure and visibility, with proximity to Interstate 95 and direct access from Harbison Ave. The location provides connectivity to Center City Philadelphia and attracts customers from a tra
