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6233 N Broad St
Philadelphia, PA 19141
Retail Property For Sale
Investment Highlights
- Freestanding 4,205 SF Single-Tenant Retail Building
- 53,000+ VPD Traffic Count on Broad Street
- City of Philadelphia Tenant — A+ Credit (S&P Global)
- 36 Off-Street Parking Spaces on 0.57-Acre Parcel
- 8.5 Years Remaining on NNN Lease (exp. 9/15/2034)
- 156 Feet of Frontage Along N. Broad Street
Executive Summary
Marcus & Millichap is pleased to present 6233 N Broad Street, one of ten Philadelphia City Commissioner's headquarters and
election offices. The single-tenant retail property consists of approximately 4,205 square feet situated on a 0.57-acre parcel
and was constructed in 1998. Featuring 36 off-street parking spaces and 156 feet of frontage along North Broad Street, the
asset offers exceptional visibility and accessibility in a densely populated urban trade area. Moreover, Philadelphia maintains
a strong municipal credit profile with an A+ rating from S&P Global Ratings, reflecting long-term fiscal stability and
institutional strength within the city.
The property benefits from traffic counts exceeding 53,000 vehicles per day along Broad Street, Philadelphia's busiest and
main commercial corridor, with an additional 23,894 vehicles per day at the intersection of Broad Street and Medary Avenue
(AADT 2025). The site is surrounded by national and regional retailers including Aldi, Wendy’s, Dunkin’, Pizza Hut, Family
Dollar, Shell, and Let’s Wok; reinforcing strong daily consumer draw. Additional demand drivers include the Community
College of Philadelphia, Fisher Park, and the Fern Rock Transportation Center; a major SEPTA hub connecting regional rail,
subway, and bus lines. With its prominent positioning, substantial frontage, and ample on-site parking, 6233 N Broad Street
presents a compelling opportunity to acquire a well-located retail asset in one of Philadelphia’s primary north–south
thoroughfares.
election offices. The single-tenant retail property consists of approximately 4,205 square feet situated on a 0.57-acre parcel
and was constructed in 1998. Featuring 36 off-street parking spaces and 156 feet of frontage along North Broad Street, the
asset offers exceptional visibility and accessibility in a densely populated urban trade area. Moreover, Philadelphia maintains
a strong municipal credit profile with an A+ rating from S&P Global Ratings, reflecting long-term fiscal stability and
institutional strength within the city.
The property benefits from traffic counts exceeding 53,000 vehicles per day along Broad Street, Philadelphia's busiest and
main commercial corridor, with an additional 23,894 vehicles per day at the intersection of Broad Street and Medary Avenue
(AADT 2025). The site is surrounded by national and regional retailers including Aldi, Wendy’s, Dunkin’, Pizza Hut, Family
Dollar, Shell, and Let’s Wok; reinforcing strong daily consumer draw. Additional demand drivers include the Community
College of Philadelphia, Fisher Park, and the Fern Rock Transportation Center; a major SEPTA hub connecting regional rail,
subway, and bus lines. With its prominent positioning, substantial frontage, and ample on-site parking, 6233 N Broad Street
presents a compelling opportunity to acquire a well-located retail asset in one of Philadelphia’s primary north–south
thoroughfares.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,205 SF
Building Class
C
Year Built
1998
Price
$1,300,000
Price Per SF
$309.16
Cap Rate
7.13%
NOI
$92,690
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.57 AC
Opportunity Zone
Yes
Zoning
CMX2.5 - Neighborhood Commercial Mixed-Use-2.5
Parking
36 Spaces (8.56 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Property Taxes
| Parcel Number | 882162200 | Improvements Assessment | $567,360 |
| Land Assessment | $141,840 | Total Assessment | $709,200 |
Property Taxes
Parcel Number
882162200
Land Assessment
$141,840
Improvements Assessment
$567,360
Total Assessment
$709,200
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6233 N Broad St