Retail Space with Conference
5899 LANCASTER AVENUE, Philadelphia, PA 19131
For Lease
$2,000/Mo
A flexible interior includes private office, storage, additional work areas and a bathroom, with subdivision also available.
Space Size1,300 SF
Days on Market173
Property Features for 5899 LANCASTER AVENUE
General Information
Standard status
Size
Net Rentable
Total Parking Spaces
Property subtype
Space & Availability
Available Space
Contiguous Space
Divisible
Site & Location
Neighborhood
Corner Location
Traffic Count
Amenities
conference room
private office
storage room
additional work spaces
patio
new sidewalks
lighting
parking
Building Details
Year Built
Listing Agency:
Prosperity Real Estate & Investment Services
Listed By:
Kirk Waechter · License PA RM423448
(866) 327-7673
Source:
Wagnerrealestate
Added: May 21
Changed: Nov 7
Last Checked: Nov 8 at 8:34PM
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 Prosperity Real Estate & Investment Services
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Investment Insights
Based on property information with market context.
This 1,300-square-foot commercial space in a 2005 building has a conference room, private office, storage room, two additional work areas and one bathroom. Furniture may be included. The freshly painted interior features new flooring and modern lighting, and the space can be divided. Potential additional features include salon wash bowls, a kitchenette and use of the rear patio. Seven parking spaces are positioned out front, and billboard signage space is available.
The property is across from Overbrook High School, which has 3,000+ students and teachers, and Tustin Recreation Center and Pool. The Lancaster Avenue intersection has a projected traffic count of 22,000 ADT, with 3,000+ pedestrians passing through twice daily for 10 months of the year. Public transportation is nearby. The property is four blocks from St. Joseph’s University and about 10 minutes from I-76.
The property is across from Overbrook High School, which has 3,000+ students and teachers, and Tustin Recreation Center and Pool. The Lancaster Avenue intersection has a projected traffic count of 22,000 ADT, with 3,000+ pedestrians passing through twice daily for 10 months of the year. Public transportation is nearby. The property is four blocks from St. Joseph’s University and about 10 minutes from I-76.
Key Highlights
- 1,300 square feet of commercial space; divisible configuration
- Conference room, private office, storage, two work areas and one bathroom
- Seven parking spaces in front; billboard signage space available
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
22,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$2.77 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
985
Businesses Nearby
35k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 65%
Shops & Services 33%
Electronics 2%
Popeyes Louisiana Kitchen
Dining
8,787 visits/mo
0.2 miles
Family Dollar
Shops & Services
8,716 visits/mo
0.3 miles
KFC
Dining
7,019 visits/mo
0.3 miles
Little Caesars Pizza
Dining
4,724 visits/mo
0.1 miles
Domino's Pizza
Dining
2,444 visits/mo
0.2 miles
Demographics for 19131, PA
42,705
Population
22,826
Households
1.9
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
5.3 sq mi
ZIP Area
8,058
Density / Sq Mi
$46,057
Median Household Income
$40,052
Median Earnings
$1,312
Median Rent
$163,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Philadelphia, PA
$24.15 /SF/Yr
Avg Asking Price
$2.26–$100 /SF/Yr
Price Range
7,073 SF
Avg Space Size
This space is priced 24% below the average of $24.15 /SF/Yr.
Average Price Trend$/SF/Yr for Retail space in Philadelphia, PA
Properties on Market for Retail space in Philadelphia
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Retail space - A flexible interior includes private office, storage, additional work areas and a bathroom, with subdivision also available.
Where is this retail space located?
The property is located at 5899 LANCASTER AVENUE Philadelphia, PA.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: 1,300 square feet of commercial space; divisible configuration; Conference room, private office, storage, two work areas and one bathroom; Seven parking spaces in front; billboard signage space available
