610-639-1822
4801 S Broad St, Philadelphia, PA for Sale
Office - FOR SALE
1/22
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4801 S Broad St
Philadelphia, PA 19112
South Philadelphia East


OVERVIEW

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

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bldg 100 - Innovation Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

180.98 AC

LAND SF

7,883,489 SF

ZONING

CMX-3

APN/PARCEL ID

788004001

ASK ABOUT THIS PROPERTY

610-639-1822

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610-639-1822

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