5600 Chestnut St - Freestanding FOR SALE


Philadelphia, PA 19139- Cobbs Creek
$3,000,000 USD
215-561-6565
5600 Chestnut St, Philadelphia, PA for Sale
$3,000,000 USD
Freestanding - FOR SALE
1/13
null | Request Cap Rate

5600 Chestnut St
Philadelphia, PA 19139
Cobbs Creek


HIGHLIGHTS

  • Highly visible location along Chestnut St
  • Fully built out as medical office space; delivered vacant
  • Pylon signage
  • ~30 car parking

OVERVIEW

The Flynn Company is pleased to offer an exciting new opportunity to purchase 5600-14 Chestnut St and 5616-36 Chestnut St in West Philadelphia. The two adjacent properties are situated on the SW corner of 56th & Chestnut St and are comprised of two separate office buildings on a combined land area of 38,615 SF. 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. 5616-36 Chestnut St is a 2-story, 18,340 SF elevator-served medical office building that was previously occupied by Mercy Health Associates and Renal Center of Philadelphia; it was most recently occupied in 2022 and is currently vacant. The building is in need of cleaning and updating before it can be occupied again. It is built out with numerous doctor’s offices and exam rooms throughout. The parcel also includes striped parking for approximately 23 vehicles. The offering presents a great opportunity for a medical user or as a future development site. Please contact The Flynn Company with any questions or to schedule a property inspection.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$434 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

End-User or Redevelopment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

N/Av, Philadelphia

APN/PARCEL ID

883078415

ASK ABOUT THIS PROPERTY

Brendan FlynnThe Flynn CompanyMore Info
215-561-6565

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Brendan FlynnThe Flynn CompanyMore Info
215-561-6565

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.