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    21st St & Lehigh Ave Philadelphia, PA 19132

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    For Lease
    Contact for pricing

    Prime North Philly Storefront - 2,400 SF

    Lot size:
    2,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Hope Plaza offers a fantastic retail opportunity in a vibrant North Philadelphia location at the intersection of 21st Street and Lehigh Avenue, in Philadelphia County, PA, zip code 19132. This grocery-anchored shopping center presents a 2,400 square foot endcap space currently available for lease. The property is classified as a storefront retail space within a multi-tenant building. While the total building square footage is not specified, a maximum of 8,100 contiguous square feet is available for lease within the building, suggesting potential for expansion or consolidation depending on tenant needs. The property's address is explicitly 21st St & Lehigh Ave, placing it in a high-traffic area with excellent visibility. This location offers significant potential for businesses seeking exposure to a dense population. The available space is ideal for a variety of retail uses, benefiting from the established presence of a grocery anchor tenant, driving consistent foot traffic to the center. Interested parties should note that only one suite is currently available within the building. Further details regarding lease terms and conditions are available upon request. This is a rare opportunity to secure a prominent retail space in a rapidly developing area of Philadelphia.

    Property Features for 21st St & Lehigh Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,400 SF

    Unit(s) available at that property

    Space
    Endcap: 8
    Size
    2,400 SF
    Space
    Inline: 7
    Size
    0 SF

    HighLights

    • High‑traffic corner location at 21st & Lehigh Aves, Philadelphia, PA 19132.
    • Easy access to Center City, Temple University, and Temple Hospital.
    • Ample on‑site parking.
    • High visibility storefront space.
    • Join established tenants Save A Lot and McDonald's.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1659665
    Latitude
    39.9953869

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    FAQs

    What type of property is this?
    Individual retail property - Prime North Philly Storefront - 2,400 SF
    Where is this individual retail property located?
    The property is located at 21st St & Lehigh Ave Philadelphia, PA.
    What are key features of this property?
    This property features: High-traffic corner location at 21st & Lehigh Aves, Philadelphia, PA 19132.; Easy access to Center City, Temple University, and Temple Hospital.; Ample on-site parking.
    Request Owner's contact information
    21st St & Lehigh Ave Philadelphia, PA 19132
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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
    21st St & Lehigh Ave Philadelphia, PA 19132
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