For Sale
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Property summary
Turnkey restaurant opportunity positioned on a prime, high-visibility stretch of North Broad Street in Philadelphia. This fully built-out fast-casual restaurant spans approximately 1,700 square feet with 12-foot ceilings and an efficient layout designed for high-volume dine-in, takeout, and delivery operations. Originally a raw cinderblock structure, the property was transformed from the ground up into a fully operational food establishment with substantial investment into infrastructure and systems, including HVAC, electrical, plumbing, flooring, lighting, kitchen installation, and equipment. The next operator avoids the significant time, permitting, construction, and capital typically required for a comparable build-out. The space benefits from exceptionally favorable lease terms at approximately $2,500/month for 1,700 SF — substantially below market for the corridor. Nearby national operators within the same market are paying significantly higher rents for smaller footprints, highlighting the strength of this lease structure. Lease includes a long-term term structure with 25 years plus two additional 5-year options, providing stability and long-term operational upside. The layout supports multiple concepts and can continue operating as-is or be seamlessly rebranded for halal, chicken, burgers, pizza, gyros, ghost kitchen, or other fast-casual food concepts. Located along a strong traffic corridor with excellent signage, visibility, and accessibility, this is a rare opportunity to acquire a fully constructed, turnkey restaurant with substantial upfront investment already completed. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop Insurance Agency
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Philadelphia market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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