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239-41 S 10th St Unité de condo • Commerce de détail • 2 730 pi² • À vendre 1 971 331 $ CAD • Philadelphia, PA 19107
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Fully stabilized NNN investment with 100% occupancy through 2031.
- Surrounded by dense residential, medical, and hospitality demand.
- Strong submarket fundamentals with retail rents averaging $35–$45/SF.
- Prime location one block from Thomas Jefferson University Hospital.
- CMX-2 zoning allows for retail, restaurant, office, and multifamily above.
- Recently renovated in 2019, ensuring modern finishes and minimal capital needs.
FAITS SUR LA PROPRIÉTÉ
1 UNITÉ DISPONIBLE
Unité 1
| Taille de l’unité | 2 730 pi² | Type de vente | Investissement |
| Prix | 1 971 331 $ CAD | Taux de capitalisation | 7,16% |
| Prix par pi² | 722,10 $ CAD | Revenu net d’exploitation | 141 169,41 $ CAD |
| Utilisation du condo | Commerce de détail | ID/Numéro de lot | 882000079 |
| Taille de l’unité | 2 730 pi² |
| Prix | 1 971 331 $ CAD |
| Prix par pi² | 722,10 $ CAD |
| Utilisation du condo | Commerce de détail |
| Type de vente | Investissement |
| Taux de capitalisation | 7,16% |
| Revenu net d’exploitation | 141 169,41 $ CAD |
| ID/Numéro de lot | 882000079 |
DESCRIPTION
Ground floor retail condo.
NOTES SUR LA VENTE
Equity CRE is proud to present the opportunity to purchase 239-41 S 10th St. Positioned in the heart of Washington Square West, one of Philadelphia’s most energetic and walkable retail corridors, this property presents a rare opportunity to acquire a fully stabilized, trophy retail condominium just steps from Thomas Jefferson University Hospital and Walnut Street. This ±2,800 SF street-level retail asset is 100% leased to a high-performing tenant, Cloudline Physical Therapy, on a long-term triple net lease through 2031, ensuring steady, predictable income with virtually no landlord responsibilities. The asset sits in a dense, mixed-use pocket of Center City, surrounded by medical, residential, and hospitality demand — a proven formula for sustained foot traffic and rent growth.
Boasting CMX-2 zoning, the property combines strong in-place cash flow with future redevelopment potential in one of Philadelphia’s highest-intensity mixed-use districts. The surrounding neighborhood’s transformation, driven by institutional investment and urban lifestyle demand, continues to push retail rents and property values upward.
For investors seeking a turnkey, low-maintenance retail asset with secure cash flow and unmatched location fundamentals, 239–41 S 10th Street stands out as a best-in-class opportunity in Center City’s thriving core.
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
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239-41 S 10th St
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