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Property profile & analytics
FOR LEASE
Retail space

5607 Germantown Ave Philadelphia, PA 19144

30,352 SF 0.35 ac lot Built 1915
Entity Owned 7-yr Hold Free & Clear
Property ID
US73-2646463
Property summary
AI-generated overview

This exceptional Germantown Avenue property offers 45,000 square feet of versatile office space, ideal for coworking or creative businesses. The building, renovated in 2018, features a single, two-story structure situated on a 15,000 square foot lot. Currently, 30,000 square feet are available for lease, with options ranging from 1,000 to 15,000 contiguous square feet. The flexible layout caters to various business needs, making it perfect for both large and small enterprises. The property's location in the Germantown submarket of Philadelphia, Pennsylvania (zip code 19144), provides excellent access to the city's amenities and transportation networks. Lower-level suites are available, with starting rates at $700. This is a unique opportunity to secure prime office space in a thriving Philadelphia neighborhood. The property is classified as an office building with multiple tenancies. The building's total square footage is 45,000 square feet, with a maximum contiguous space of 15,000 square feet. This presents a rare chance to establish a significant presence in a desirable location. Inquire today to learn more about leasing opportunities.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1915
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 30,352 SF
Lot 0.35 ac (15,176 SF)
Zoning code CMX3
APN 88-2-0415-00
UPID US73-2646463
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
  • Relax and Hang Aerial Yoga Studio Gym & Fitness Center
  • Boss Furniture Furniture & Home Goods Home Decor Store
  • Soundchild Studio Recording Studio
  • MAD Memorable Moments Event Planning Wedding Service
  • Painting Pretty Studio Artist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.94M
Blend (final) Blend
$2.52M
Owner & transaction history
215 Td Group LLC · 7 yrs held
215 Td Group LLC
since 2019
2 recorded transactions
2019
$550,000
2012
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?”
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