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Property profile & analytics
OFF-MARKET Estimated value $3,925,000
Hospitals

1700 Broad St 1 Philadelphia, PA 19145-2340

22,871 SF 1.59 ac lot Built 2016
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US73-1030722
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Children's Hospital of Phila Hospital Children's Hospital
  • Temple University Student Health Services Hospital
  • City of Philadelphia Health Center 2 Community Health Centre Doctor
  • Dialogue Institute Charitable Organization Social Service Agency
  • Mark Salzer Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.93M
Owner & transaction history
1700 Broad Street INC · 11 yrs held
1700 Broad Street INC
since 2014
1 recorded transaction
2014
$766,213
Zoning & alternative use
CMX3 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $6.4M +13.3%
Office building $5.8M +3.6%
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