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    4040 Locust St Philadelphia, PA 19104

    For Lease
    Contact for pricing

    Philadelphia, PA: 3,520 sq ft retail space.

    Lot size:
    3,520 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3,520 square foot retail space is ideally situated at 4040 Locust Street in Philadelphia, Pennsylvania, within the vibrant University City neighborhood. The property is a single-tenant building, offering a blank canvas for a wide range of retail businesses. Its prime location provides excellent visibility and accessibility, benefiting from high foot traffic and proximity to a dense residential population and major universities. The building's single-tenant occupancy ensures ease of management and control. The address is 4040 Locust Street, Philadelphia, PA 19104, in Philadelphia County. This presents a unique opportunity for businesses seeking a prominent location in a thriving area. The property's size allows for flexible layout configurations to suit diverse retail needs. With its strategic location and substantial square footage, this retail space offers significant potential for growth and success. The property is currently vacant, providing immediate occupancy for the new tenant. This is a rare opportunity to establish a presence in a highly sought-after area of Philadelphia. The property's location within University City offers a strong demographic profile, making it an attractive location for a variety of retail concepts. Interested parties are encouraged to explore the possibilities this exceptional retail space offers.

    Property Features for 4040 Locust St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,520 SF

    Unit(s) available at that property

    Space
    Size
    3,520 SF

    HighLights

    • 3,520 SF retail space available at 4040 Locust Street, Philadelphia, PA.
    • Single‑tenant building in University City with high foot traffic and visibility.
    • Excellent location near universities and dense residential population.
    • Currently vacant, offering immediate occupancy.
    • Flexible layout to suit diverse retail needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Keswick Cycle University ... Bicycle Shop Pattaya Thai Cuisine Thai Restaurant F R Capital ... Holding Company

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office 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
    -75.2047856
    Latitude
    39.9529108

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    FAQs

    What type of property is this?
    Retail property - Philadelphia, PA: 3,520 sq ft retail space.
    Where is this retail property located?
    The property is located at 4040 Locust St Philadelphia, PA.
    What are key features of this property?
    This property features: 3,520 SF retail space available at 4040 Locust Street, Philadelphia, PA.; Single-tenant building in University City with high foot traffic and visibility.; Excellent location near universities and dense residential population.
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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
    4040 Locust St Philadelphia, PA 19104
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