123-129 Chestnut St Philadelphia, PA 19106
This exceptional retail property, located at 123-129 Chestnut Street in Philadelphia, Pennsylvania (zip code 19106), offers a total of 8,732 square feet of vacant space, ideal for multiple tenants. The building is currently entirely available for lease and presents a unique opportunity for businesses seeking high-visibility locations in a thriving area of Philadelphia County. Three individual spaces are available, with a minimum divisible space of 2,212 square feet and a maximum contiguous space of 3,880 square feet, providing flexibility for various business needs and sizes. The property's prime location on Chestnut Street ensures high foot traffic and excellent visibility, making it an attractive proposition for a range of retail ventures. The address is easily accessible, offering convenient access for customers and employees alike. This is a rare opportunity to secure a substantial retail presence in a desirable Philadelphia location. The property's size and layout offer significant potential for customization and adaptation to suit individual tenant requirements. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. The property is classified as commercial retail with multiple tenancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.