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5600-14 Chestnut St
Philadelphia, PA 19139
Retail Property For Sale
EXECUTIVE SUMMARY
5600-14 Chestnut St is a 1-story, 6,914 SF medical office building that is currently 100% occupied by Heart Care Consultants, LLC; the tenant will be vacating upon a sale. The building was fully renovated in 2011 and is built out with numerous doctor’s offices, exam rooms, labs, a large procedure room and a pre- and post- operative patient care area. The property has frontage on along Chestnut St as well as 56th St and boasts an electrified signage pylon on the corner. The parcel also includes striped parking for approximately 30 vehicles.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,914 SF
Building Class
C
Year Built/Renovated
1970/2011
Price
$1,900,000
Price Per SF
$274.80
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
CMX2 - CMX-2; neighborhood commercial mixed-use
Parking
30 Spaces (4.34 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Fenced Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 883078415 | Improvements Assessment | $568,640 |
| Land Assessment | $142,160 | Total Assessment | $710,800 |
PROPERTY TAXES
Parcel Number
883078415
Land Assessment
$142,160
Improvements Assessment
$568,640
Total Assessment
$710,800
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