Retail Space with
For Lease
$5,400/Mo NNN
8623 GERMANTOWN Avenue, Philadelphia, PA 19118
CommercialLease, PHILADELPHIA, PA
Space SizeContact for details
Lot Size0.58 Acres
Days on Market149
Property Features for 8623 GERMANTOWN Avenue
General Information
Property type
Other
Property subtype
Retail
Property condition
Under Construction
Parking
7
Parking features
On Street
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Lot size
0.58 Acres
Utilities
Cooling system
ENERGY STAR Qualified Equipment
Building Details
Year built
2025
Building materials
Masonry
Listing Agency:
Elfant Wissahickon-Chestnut Hill
(215) 247-3600
Listed By:
Louise Dalessandro · License #AB066994
(215) 852-9312
Added: Apr 9
Changed: Sep 3
Last Checked: Sep 4 at 9:06PM
MLS# PAPH2585270
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.
Under-construction retail space at 8623 Germantown Avenue in Philadelphia, with masonry construction and a 2025 completion year. The premises include 809 sq. ft. of basement area in addition to the retail space. The property occupies 0.58 acres and has on-street parking. Cooling is specified as ENERGY STAR Qualified Equipment. The lease is structured on a triple-net basis, and the landlord prefers a five-year lease term.
Key Highlights
- 809 sq. ft. of basement area included with the retail space
- Under construction with a 2025 completion year
- Masonry construction
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,325
Businesses Nearby
24k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 78%
Dining 12%
Home Improvements & Furnishings 8%
Apparel 2%
Bank of America
Shops & Services
5,613 visits/mo
0.1 miles
Truist
Shops & Services
3,610 visits/mo
0.2 miles
PNC Bank
Shops & Services
3,088 visits/mo
0.3 miles
Citizens Bank
Shops & Services
3,066 visits/mo
0.1 miles
TD Bank
Shops & Services
3,063 visits/mo
0.1 miles
Demographics for 19118, PA
9,728
Population
5,079
Households
1.9
Avg Household Size
46
Median Age
76%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
3,040
Density / Sq Mi
$105,667
Median Household Income
$65,197
Median Earnings
$1,772
Median Rent
$688,000
Median Home Value
Market
Lease Benchmarks for Philadelphia, PA
$25.21 /SF/Yr
Avg Asking Price
$3.32–$100 /SF/Yr
Price Range
6,858 SF
Avg Space Size
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 - Under-construction masonry retail space with additional basement area and an NNN lease structure.
Where is this retail space located?
The property is located at 8623 GERMANTOWN Avenue Philadelphia, PA.
What is the lease rate?
The lease rate is $5,400/Mo.
What are key features of this property?
This property features: 809 sq. ft. of basement area included with the retail space; Under construction with a 2025 completion year; Masonry construction
