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1400-18 South Front St Philadelphia, PA 19147

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For Sale
$3,360,000

Single-tenant flex property in Philadelphia with a strong tenant.

Property size:
14,180 SF

Property Features for 1400-18 South Front St

General Information

Size
14,180 SF

Building Details

Year built
1930

Source: Michael Gorman Agent Michael Gorman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Philadelphia Flex Property For Sale

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.
Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Di Bruno Bros. Catering, 1st & Fresh Catering, Muncheez chicken, Puerco Loco, It's a CupCake! Sweet & Savory Boutique

Location Insight

  • Map
  • Local Demand
City
Philadelphia
County
Delaware
State
Pennsylvania
Longitude
-75.135239
Latitude
39.972685

FAQs

What type of property is this?
Flex space - Single-tenant flex property in Philadelphia with a strong tenant.
Where is this flex space located?
The property is located at 1400-18 South Front St Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,360,000.
What are key features of this property?
This property features: - NNN lease with Rhubarb Hospitality Collection provides stable, hands-off income.; - Strategic location in a densely populated, affluent Philadelphia trade area with high household incomes.; - Excellent regional connectivity: seconds from I-95 and within two miles of I-676 and I-76.
More about this property
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