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New Construction Retail Space
For Lease
$3,352/Mo

1314 SPRING GARDEN Street, Philadelphia, PA 19123

CommercialLease, PHILADELPHIA, PA

Space Size1,609 SF
Lot Size0.47 Acres
Days on Market214

Property Features for 1314 SPRING GARDEN Street

General Information

Property type Other
Property subtype Retail
Property condition Under Construction
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Lot size 0.47 Acres

Amenities

16-foot ceiling heights
covered loading area
potential parking
transit access

Building Details

Year built 2025
Number of units 149
Listing Agency: Mallin Panchelli Nadel Realty Inc
Listed By: Dennis J Carlisle · License #RS330429
Added: Feb 9 Changed: Sep 4 Last Checked: Sep 11 at 5:06PM
MLS# PAPH2582344

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,609 SF retail space is under construction as part of a 2025 development. The ground-floor layout includes 16-foot ceiling heights and access to a covered loading area with 30-foot clear height. Potential parking is available for the commercial tenant, subject to confirmation. The property is zoned CMX-4 and occupies the base of a 149-unit apartment building.

The space sits above the Spring Garden SEPTA Subway Station, providing access to the Broad Street Line and area bus service. Center City is one stop away, while Temple University is three stops away. The property also offers access to I-676, I-95, and I-76. Its location between City Hall and Temple University places it within an area experiencing commercial and residential development, and the space may accommodate a childcare facility.

Key Highlights

  • 1,609 +/- SF of retail space under construction
  • 16' ceiling heights
  • Covered loading area with 30' clear height

Property Analytics

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Current Use

Zipcar Car Rental Facility Milk Bar Bakery

Suggested Use

Top Pick Carpet & Flooring Store Tanning Salon Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Plumbing 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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,092
Businesses Nearby
63k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 48% Shops & Services 26% Dining 25%
Four Points by Sheraton Philadelphia City Center Hotel Hotels & Casinos
15,625 visits/mo 0.5 miles
Dunkin' Donuts Dining
9,196 visits/mo 0.5 miles
Days Inn Philadelphia Hotels & Casinos
7,783 visits/mo 0.5 miles
Best Western Plus Philadelphia Convention Center Hotel Hotels & Casinos
7,284 visits/mo 0.3 miles
Starbucks Dining
6,781 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Philadelphia, PA

$23.28 /SF/Yr
Avg Asking Price
$3.32–$100 /SF/Yr
Price Range
7,465 SF
Avg Space Size

This space is priced 7% above the average of $23.28 /SF/Yr.

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 - Ground-floor space in a 149-unit apartment building with CMX-4 zoning and direct transit access.
Where is this retail space located?
The property is located at 1314 SPRING GARDEN Street Philadelphia, PA.
What is the lease rate?
The lease rate is $3,352/Mo.
What are key features of this property?
This property features: 1,609 +/- SF of retail space under construction; 16' ceiling heights; Covered loading area with 30' clear height
More about this property
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