1400-18 South Front St Philadelphia, PA 19147

This single-tenant flex property is strategically located in Philadelphia. The property features a predominantly single-story design with a partial second floor, providing additional office and storage space. The tenant, Rhubarb Hospitality Collection (RHC), operates under a triple-net (NNN) lease with over four years of term remaining and 3% annual rental escalations. The tenant has operated within this location for over 10 years. The property has a maximum ceiling height of 16 feet and features three loading doors, including one drive-in door and two dock-high doors. The zoning is classified as I-2, Medium Industrial, with 12% of the flex property being office space and the remainder warehouse space. The property is situated at the corner of Front Street and Reed Street, offering visibility and accessibility within the Pennsport neighborhood. The surrounding area is experiencing redevelopment, with multiple projects underway, including two mixed-use residential developments totaling more than 300 units and a 32,000 square foot LIDL grocery store slated for delivery within two years. The location benefits from regional connectivity, being seconds from I-95 with over 119,200 vehicles per day, and within two miles of I-676 and I-76, providing access to an additional 294,000 daily vehicles. The property size is 14,180 square feet.