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Property profile & analytics
FOR SALE
Strip malls

4040 City Ave Philadelphia, PA 19131

14,000 SF 0.55 ac lot Built 2007
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US73-2777458
Property summary
AI-generated overview

This exceptional 2,650 square foot retail endcap space is ideally situated at 4040 City Avenue in Philadelphia, Pennsylvania. Currently vacant and ready for immediate occupancy, this property presents a unique opportunity for businesses seeking high visibility and strong foot traffic. The space is located in a vibrant retail center alongside established national brands such as Target, PNC Bank, Chipotle, and Chick-fil-A, ensuring a consistent flow of customers. Its strategic location along the busy Route 1 corridor provides excellent accessibility and exposure to a large consumer base. The property benefits from its proximity to Verizon and CBD Kratom, creating a synergistic retail environment. Market analysis indicates a substantial customer base within a 10-minute drive time, encompassing 107,775 households. This endcap space offers significant potential for a variety of retail concepts, providing ample room for customization and branding. The property is classified as a multi-tenant building, offering opportunities for collaboration and shared amenities. The total building square footage is 2,650 square feet, entirely available for lease. This prime location and the existing tenant mix create an attractive environment for businesses seeking to establish a strong presence in a thriving Philadelphia market. Interested parties are encouraged to inquire for further details and leasing information.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 14,000 SF
Lot 0.55 ac (24,010 SF)
Zoning code CMX3
APN 88-2-1507-00
UPID US73-2777458
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
  • DJ Kitchen Restaurant
  • Verizon Business Services Telecommunications Service Data Center
  • High Goods - Non-Alcoholic Beverage Pop-Up Big Box & Wholesale Store Distribution Center
  • Sleep Number Furniture & Home Goods
  • Chick-fil-A Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
4040 City LLC · 3 yrs held
4040 City LLC
since 2022
Last sale
$16.6M
4 recorded transactions
2022
$16.6M
2016
Price N/A
2008
Price N/A
1969
Price N/A
Zoning & alternative use
CMX3 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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