The 33,000 square foot Property benefits from a high level of visibility through its 385 feet of frontage along S Broad, one of the main
thoroughfares of Philadelphia. In addition to offering 46 parking spaces, the Property opens up to the historic Marine Parade Grounds,
an expansive 8-acre public green space.
The Property is owned by a wholly-owned subsidiary of Ben Franklin Technology Partners of Southeastern Pennsylvania (“Ben Franklin”).
The Property is predominantly occupied by Ben Franklin, who upon closing will vacate their space within the building. The remaining
tenants, which total 9,570 SF, account for approximately 45% of the Property’s net rentable area (22,000 square feet) and have just over
one year of weighted average lease term remaining, providing a rare opportunity for an investor or user to acquire a well-located office
building at an attractive basis