Freestanding Day Care
For Sale
Contact for pricing
315 Arch St, Philadelphia, PA 19106
Two-story KinderCare retail condo was renovated in 2020 and is offered under an absolute NNN lease.
Property Size18,000 SF
Days on Market119
Property Features for 315 Arch St
General Information
Standard status
Active
Size
18,000 SF
Property subtype
Retail
Building Details
Year Renovated
2020
Stories
2
Tenancy
Single
Listing Agency:
The Kase Group
(415) 269-2474
Listed By:
Jacob Abusharkh · License #CA 01385529
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 9:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Kase Group
Investment Insights
Based on property information with market context.
This freestanding KinderCare property is configured as a two-story retail condo. The offering totals 18,000 square feet and features renovations completed in 2020. The lease is described as absolute NNN with no landlord obligations and provides for 3% rental increases annually.
The lease commenced in October 2018 and is set to run through March 2034. The lease also includes three, 5-year options, each with 10% rental increases at the time of option exercise.
For investors and long-term operators evaluating day care real estate, the property provides a clearly defined, extended term structure under the specified NNN framework.
The lease commenced in October 2018 and is set to run through March 2034. The lease also includes three, 5-year options, each with 10% rental increases at the time of option exercise.
For investors and long-term operators evaluating day care real estate, the property provides a clearly defined, extended term structure under the specified NNN framework.
Key Highlights
- Freestanding KinderCare retail condo with 18,000 SF across two stories
- Renovated in 2020 by KinderCare
- Absolute NNN lease with no landlord obligations
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
11,143
Businesses Nearby
103k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 43%
Hotels & Casinos 36%
Shops & Services 11%
Dining 5%
Target
Superstores
43,947 visits/mo
0.5 miles
Philadelphia Marriott Old City
Hotels & Casinos
14,972 visits/mo
0.5 miles
Kimpton Hotel Monaco Philadelphia
Hotels & Casinos
10,769 visits/mo
0.3 miles
Starbucks
Dining
5,627 visits/mo
0.1 miles
Renaissance Philadelphia Downtown Hotel
Hotels & Casinos
5,199 visits/mo
0.3 miles
Demographics for 19106, PA
15,190
Population
9,913
Households
1.5
Avg Household Size
39
Median Age
80%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
16,878
Density / Sq Mi
$129,779
Median Household Income
$93,953
Median Earnings
$2,219
Median Rent
$528,700
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Two-story KinderCare retail condo was renovated in 2020 and is offered under an absolute NNN lease.
Where is this retail space located?
The property is located at 315 Arch St Philadelphia, PA.
What are key features of this property?
This property features: Freestanding KinderCare retail condo with 18,000 SF across two stories; Renovated in 2020 by KinderCare; Absolute NNN lease with no landlord obligations
