Curbline Properties, a suburban Cleveland-based real estate firm, has purchased five commercial properties along Aramingo Avenue in Port Richmond for approximately $14.8 million, writes Erin McCarthy for The Philadelphia Inquirer.
The properties include a Wawa, a Dunkin’, and an Applebee’s, as well as a former Rite Aid that is currently in the process of being converted into a Chick-fil-A.
The shopping center is located near the I-95 ramp, straddling the Kensington and Port Richmond neighborhoods just north of Fishtown.
The most expensive of the buildings is the former Rite Aid, which cost $4 million. The 14,000-square-foot building, which has been vacant since December 2023, is being replaced with one that is approximately half its size. It is not yet known when the Chick-fil-A will move in.
The adjacent super Wawa store sold for $3 million, while Curbline paid nearly $3.2 million for a site containing a Dunkin’, a Cold Stone Creamery, and a Pizza Hut.
The real estate firm also paid $2.3 million apiece for an AutoZone and an Applebee’s, both located on the same block.
According to the company, all existing tenants will remain at their current locations.
The seller was a limited liability partnership associated with the Rodin Group.
Read more about the Port Richmond properties sale and what comes next in The Philadelphia Inquirer.
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Editor’s Note: This post was originally published on PHILADELPHIA Today in June 2025.
