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Property profile & analytics
OFF-MARKET
Neighborhood centers

5th St & Spg Gdn Philadelphia, PA 19123

32,942 SF
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at the vibrant intersection of North 5th Street and Spring Garden in Philadelphia, PA 19123, offers a unique investment opportunity. The 32,942 square foot strip center boasts a prime location, ideal for a variety of retail and restaurant concepts. Currently, there are two available spaces, each offering flexibility in size. Units range from a minimum of 8,000 square feet to a maximum contiguous space of 8,590 square feet, providing ample room for expansion or customization. A significant 16,590 square feet is currently vacant, presenting a substantial opportunity for a single tenant or multiple synergistic businesses. The property's strategic location within Philadelphia's bustling city center ensures high visibility and foot traffic, making it an attractive destination for both customers and employees. This is a rare chance to secure a prominent retail presence in one of Philadelphia's most dynamic neighborhoods. The property's multiple tenancy allows for diverse business models to thrive within a shared, vibrant environment. Contact us today to learn more about this exciting opportunity to establish your business in a thriving Philadelphia location.

Property profile
Verified
Property type Neighborhood centers
Total area 32,942 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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