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.