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1880 John F Kennedy Blvd Philadelphia, PA 19103-7422

Investment properties Google Maps
265,620 SF 0.33 ac lot Built 1985
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$31.93M
Range $28.74M – $35.12M (±10%)
Property ID US73-0622653

Property summary

AI-generated overview

This exceptional retail opportunity is located on the first floor of a Class A, two-building complex situated on a full city block along JFK Boulevard in the heart of Philadelphia. The property, constructed in 1985, offers a total of 253,955 square feet of space, with multiple tenancies available. This listing focuses on a single, highly desirable space ideal for a restaurant or office use, ranging from 693 to 1,635 square feet. The minimum divisible space is 1,635 square feet, providing flexibility for various business needs. The building's prime location ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent Philadelphia presence. The space is well-suited for a variety of uses, including restaurants, given its potential for walk-in fridge/freezer installation. The building's Class A designation reflects its high-quality construction and modern amenities. This is a rare chance to secure a space in a landmark Philadelphia location within a well-maintained and established building. The property is located in Philadelphia County and offers a unique blend of accessibility and prestige. The opportunity to establish a business in this vibrant area is unparalleled. Contact us today to learn more about this exceptional retail space and schedule a viewing.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 265,620 SF
Lot 0.33 ac (14,256 SF)
Zoning code CMX5
APN 88-3-0563-00
UPID US73-0622653

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
  • Production Facility
  • Law Firm
  • Law Firm
  • Restaurant
  • Law Firm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$31.93M

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
1969
Price N/A

Zoning & alternative use

CMX5 · Philadelphia, PA
Zoning description

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 >> C-6 (.2) Map Symbols. (.a) The alphanumeric map symbols are intended to provide a…

General category MIXED_USE

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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