Technical
Financial
Distress signals
Property profile

1700 Broad St 1 Philadelphia, PA 19145

OFF-MARKET
Hospitals
Property ID
US73-1030722
22,871 SF 1.59 ac lot Built 2016
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property at 1700 N Broad St, Philadelphia County, presents a significant retail leasing opportunity. Boasting a substantial 10,403 square feet of vacant space, this location offers unparalleled potential for a variety of businesses. The property is situated in a vibrant area with high foot traffic, enhanced by its convenient proximity to Cecil B. Moore Ave. The flexible layout allows for customization to suit diverse tenant needs; the space can be divided to accommodate multiple occupants. This is an ideal location for businesses seeking high visibility and accessibility within a bustling Philadelphia neighborhood. The multiple tenancy option provides flexibility for both large and smaller businesses looking to establish a presence in this dynamic area. The substantial square footage offers ample room for expansion and growth, making this a truly remarkable opportunity for businesses seeking a prominent location in a thriving commercial district. This property is ready for immediate occupancy, presenting a unique chance to secure a prime retail space in a highly desirable Philadelphia location. Interested parties are encouraged to inquire for further details and leasing options. The property's strategic location and substantial size make it an exceptional investment for businesses seeking to establish a strong foothold in the Philadelphia market.

Property profile

Verified
Property type Hospitals
Use group HOSPITAL - PRIVATE
Year built 2016
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 22,871 SF
Lot 1.59 ac (69,399 SF)
Zoning code CMX3
APN 77-1-0711-00
UPID US73-1030722

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hospital Children's Hospital
  • Hospital
  • Community Health Centre Doctor
  • Charitable Organization Social Service Agency
  • Physician Medical Clinic

Location

1700 Broad St, Unit 1 Philadelphia, PA 19145-2340
Philadelphia metro Census 3001 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$430k

Owner & transaction history

since 2014
1 recorded transaction
2014
$766,213

Zoning & alternative use

CMX3 · Philadelphia, PA
Zoning description

CMX-3 Community Commercial Mixed-Use C-3 RC-3 CMX-4 Core Commercial Mixed-Use C-4 CMX-5 Center City Core Commercial Mixed-Use C-5 CA-1 Auto-Oriented Commercial-1 C-7 NSC CA-2 Auto-Oriented Commercial-2 ASC Eliminated >>…

General category MIXED_USE
Top alternative use upside
Apartment house (5+ units) $6.4M +13.3%
Office building $5.8M +3.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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