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    2037 Broad St Philadelphia, PA 19148

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    For Lease
    Contact for pricing

    Restaurant Space - Sublease Opportunity

    Lot size:
    9,242 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail space, located at 2037 S Broad St in Philadelphia, PA 19148, offers a substantial 3,871 square feet on the ground floor, complemented by a 1,500 square foot mezzanine and a full basement. The property is situated on a 4,081 square foot lot within Philadelphia County. Currently available for sublease, this single-tenancy space is ideal for a restaurant or similar establishment. The entire 9,242 square foot building is vacant, presenting a unique opportunity for a business seeking a prominent location with ample space. The ground floor provides a large, open area perfect for customer interaction and service, while the mezzanine offers additional space for storage, office functions, or expanded seating. The full basement provides further storage or utility space. The property's location on South Broad Street offers high visibility and accessibility, ensuring significant foot traffic and potential customer reach. This is a rare opportunity to secure a well-positioned, spacious retail property in a vibrant Philadelphia neighborhood. The property type is classified as retail, specifically suited for restaurant use. Serious inquiries are encouraged to explore this exciting sublease opportunity.

    Property Features for 2037 Broad St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,242 SF

    Unit(s) available at that property

    Space
    Size
    3,871 SF

    HighLights

    • High‑visibility corner location at Broad Street & Snyder Ave.
    • Recently renovated for a national quick‑service restaurant (QSR).
    • Excellent signage opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wendy's Fast Food Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.169113976227
    Latitude
    39.924378275957

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    FAQs

    What type of property is this?
    Restaurant - Restaurant Space - Sublease Opportunity
    Where is this restaurant located?
    The property is located at 2037 Broad St Philadelphia, PA.
    What are key features of this property?
    This property features: High-visibility corner location at Broad Street & Snyder Ave.; Recently renovated for a national quick-service restaurant (QSR).; Excellent signage opportunities.
    Request Owner's contact information
    2037 Broad St Philadelphia, PA 19148
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    Philadelphia, PA 19148
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2037 Broad St Philadelphia, PA 19148
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