Retail Building with Multiple
For Sale
$249,000
4316 N N Broad St, Philadelphia, PA 19140
Retail building offering 8,116 SF of space, suitable for a variety of storefront and neighborhood-serving concepts.
Property Size1,700 SF
Price / SF$146.47
Days on Market82
Property Features for 4316 N N Broad St
General Information
Standard status
Active
Size
1,700 SF
Property subtype
Business Opportunity
Building Details
Year Built
1975
Listing Agency:
KW Empower
(215) 779-1137
Listed By:
Moniere Noor · License #RS330555
Source:
Kandorre
Added: Jun 4
Changed: Aug 23
Last Checked: Aug 24 at 10:03AM
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 KW Empower
Investment Insights
Based on property information with market context.
This for-sale retail building totals 8,116 SF and is presented as a multi-unit retail property. The offering is structured for occupiers and investors seeking a retail format that can support a range of storefront uses, subject to applicable approvals.
The property is located at 4316-20 N Broad St in Philadelphia, PA 19140. Public remarks note the asset as retail, with an 08/17/2018 reference date included in the listing materials.
For retailers, this configuration can provide flexibility for operations that benefit from dedicated storefront space within a single ownership structure. For buyers and brokers evaluating tenantable retail real estate, the building’s clearly identified retail use and total area offer a straightforward starting point for underwriting and site planning. Prospective tenants and purchasers should verify current layout, condition, and any use or occupancy requirements during due diligence.
The property is located at 4316-20 N Broad St in Philadelphia, PA 19140. Public remarks note the asset as retail, with an 08/17/2018 reference date included in the listing materials.
For retailers, this configuration can provide flexibility for operations that benefit from dedicated storefront space within a single ownership structure. For buyers and brokers evaluating tenantable retail real estate, the building’s clearly identified retail use and total area offer a straightforward starting point for underwriting and site planning. Prospective tenants and purchasers should verify current layout, condition, and any use or occupancy requirements during due diligence.
Key Highlights
- Retail building built in 1975
- 8,116 SF retail space available
- Listed as retail per public remarks
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,214
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$384,280
$384.3K
Cap Rate 7%
$274,486
$274.5K
Cap Rate 9%
$213,489
$213.5K
Market Conditions
NOI Build-Up for 1,700 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$30.6K $18.00/SF
− Vacancy
−$3.2K −$1.85/SF
EGI
$27.4K $16.15/SF
− OpEx
−$8.2K −$4.84/SF
NOI
$19.2K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$384,280
Cap Rate 7%
$274,486
Cap Rate 9%
$213,489
Alternative Uses
Best Use
Retail
$274.5K
$240.2K – $320.2K
NOI $19,214 @ 7.0% cap · market cap 7.72%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$414.4K
$362.6K – $483.5K
NOI $29,010 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,364
Businesses Nearby
158k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Shops & Services 28%
Groceries 7%
Home Improvements & Furnishings 1%
McDonald's
Dining
33,410 visits/mo
0.1 miles
Burger King
Dining
26,241 visits/mo
0.5 miles
Taco Bell
Dining
17,676 visits/mo
0.2 miles
Save-A-Lot
Groceries
11,589 visits/mo
0.2 miles
Sunoco
Shops & Services
10,993 visits/mo
0.1 miles
Demographics for 19140, PA
52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
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 - Retail building offering 8,116 SF of space, suitable for a variety of storefront and neighborhood-serving concepts.
Where is this retail space located?
The property is located at 4316 N N Broad St Philadelphia, PA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Retail building built in 1975; 8,116 SF retail space available; Listed as retail per public remarks
