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Retail Building with Street Frontage
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741 Spring Garden St, Philadelphia, PA 19123

New construction retail or flex space offers 60 feet of street frontage on a major commercial corridor.

Property Size3,385 SF
Days on Market959

Property Features for 741 Spring Garden St

General Information

Standard status Active
Size 3,385 SF
Property subtype RETAIL

Site & Location

Frontage 60 ft
Traffic Count 16,000 vehicles/day
Listing Agency: MSC Retail - Philadelphia
Listed By: Josh Weiss
Source: Moodyscre
Added: Dec 15, 2023 Changed: Jul 29 Last Checked: Jul 30 at 1:26PM

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 MSC Retail - Philadelphia

Investment Insights

Based on property information with market context.

This newly constructed commercial space is designed to support a range of uses, including retail, studio, office, or medical. The property includes 60 feet of frontage on Spring Garden Street, providing branding exposure along a primary vehicular and commercial artery.

The site offers easy car access, with public transportation and Indego Bike Share available at the intersection. It is located in the Spring Arts neighborhood and one block from Phase II of the Rail Park, Philadelphia’s three-mile elevated public green space.

The offering is presented as a for-rent commercial space with a total size of 3,385 square feet.

Key Highlights

  • New construction commercial space suitable for retail, studio, office, or medical uses
  • 60 ft of frontage on Spring Garden Street, a major vehicular and commercial artery with 16,000 AADT
  • Easy car access with public transportation and Indego Bike Share at the intersection

Property Analytics

Current Use

Brandsbyday Advertising Agency Zipcar Car Rental Facility 741 Spring Garden ... Parking Lot & Garage The Quincy Real Estate Agency

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Restaurant Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16,000 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,411
Businesses Nearby
68k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 65% Shops & Services 20% Dining 9% Home Improvements & Furnishings 6%
Target Superstores
43,947 visits/mo 0.2 miles
Dunkin' Donuts Dining
6,253 visits/mo 0.3 miles
Gulf Oil Shops & Services
4,681 visits/mo 0.3 miles
Grainger Home Improvements & Furnishings
3,894 visits/mo 0.3 miles
PNC Bank Shops & Services
3,856 visits/mo 0.1 miles

Demographics for 19123, PA

18,793
Population
10,636
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
14,456
Density / Sq Mi
$95,872
Median Household Income
$73,760
Median Earnings
$1,687
Median Rent
$544,700
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$23.66 /SF/Yr
Avg Asking Price
$0.94–$100 /SF/Yr
Price Range
3,242 SF
Avg Space Size

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - New construction retail or flex space offers 60 feet of street frontage on a major commercial corridor.
Where is this retail space located?
The property is located at 741 Spring Garden St Philadelphia, PA.
What are key features of this property?
This property features: New construction commercial space suitable for retail, studio, office, or medical uses; 60 ft of frontage on Spring Garden Street, a major vehicular and commercial artery with 16,000 AADT; Easy car access with public transportation and Indego Bike Share at the intersection
(215) 883-7389 Call to check price and availability
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