Listing Agency: Canaan Realty Services INC j***@gmail.com Show Phone

Listed By: Jeffrey Y Mai · License #RS338220 Show Phone

Source: Exprealty

Added: Jul 26 Changed: Oct 25 Last Checked: Oct 24 at 6:38PM

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Investment Insights

Based on property information with market context.

This retail space is available for lease at 1f-1214 Spring Garden St in Philadelphia. The property occupies a corner position at the intersection of 12th Street and Spring Garden Street, placing the space within a commercial corridor. The source information identifies the premises as expansive and suitable for a range of business operations.

Key Highlights

• Retail space available for lease
• Corner location at 12th Street and Spring Garden Street
• Located at 1f‑1214 Spring Garden St, Philadelphia, PA

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Building Supply Auto Repair Shop Big Box & Wholesale Store Storage Facility Dental Office

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

2,668

Businesses Nearby

36k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 79% Dining 17% Electronics 2% Home Improvements & Furnishings 1%

Lukoil Shops & Services

22,388 visits/mo 0.0 miles

Dunkin' Donuts Dining

6,253 visits/mo 0.4 miles

Carvana Shops & Services

3,310 visits/mo 0.5 miles

Enterprise Rent-A-Car Shops & Services

2,094 visits/mo 0.1 miles

FedEx Office Print & Ship Center Shops & Services

968 visits/mo 0.5 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

$24.95 /SF/Yr

Avg Asking Price

$3.32–$100 /SF/Yr

Price Range

7,378 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

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial space positioned at 12th Street and Spring Garden Street in Philadelphia.

Where is this retail space located?

The property is located at 1f-1214 Spring Garden St Philadelphia, PA.

What is the lease rate?

The lease rate is $2,000/Mo.

What are key features of this property?

This property features: Retail space available for lease; Corner location at 12th Street and Spring Garden Street; Located at 1f‑1214 Spring Garden St, Philadelphia, PA