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1604 Chestnut St
Philadelphia, PA 19103
McDonald's | Additional Tax Benefit · Retail Property For Sale
Investment Highlights
- Flagship Location with 20-Year NNN Lease with Increases Every 5 Years
- Located in Center City’s Highest Pedestrian-Count Block
- Unique 15% Increase in Year 6 Boosts Cap Rate to 4.025%
- Additional Tax Benefit
- High-Quality Center City Business District Location
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,780 SF
Building Class
C
Year Built
1965
Tenancy
Single
Building Height
1 Story
Building FAR
0.91
Lot Size
0.07 AC
Zoning
CMX-5 - primarily intended to accommodate mixed-use development in the central core area of Center City.
Frontage
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 882032550 | Improvements Assessment | $1,740,400 |
| Land Assessment | $435,100 | Total Assessment | $2,175,500 |
Property Taxes
Parcel Number
882032550
Land Assessment
$435,100
Improvements Assessment
$1,740,400
Total Assessment
$2,175,500
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