1930 Broad StPhiladelphia, PA 19145

Property Details for 1930 Broad St

Year built

1945

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.41 AC

Property size (Sq ft)

513,963 SF

Zone code

CMX3

Property type

Hospitals

APN

77-3-0100-00

APU

773010000

Description

The Constitution Health Plaza, a prominent South Philadelphia medical and office complex, presents exceptional leasing opportunities. This 276,184 square foot facility, originally built in 1920 and extensively renovated in 2014, boasts a diverse tenant mix including Children's Hospital of Philadelphia (CHOP), Kindred, and Mercy Health. The property features 22 suites, with 45,880 square feet currently vacant, offering spaces ranging from 482 to 26,943 contiguous square feet. Located on a 3.479-acre site on Broad Street, the complex provides convenient access to major roadways including I-76 and I-95, City Hall, sports stadiums, and Philadelphia International Airport. The Plaza includes a five-level parking garage and a one-story powerhouse building, ensuring ample parking and operational support. Its prime location and modern amenities make it ideal for healthcare, professional, and educational services, catering to both national organizations and independent practices. The attended lobby and state-of-the-art facilities create a welcoming and efficient environment for patients and visitors. This multi-building complex is under new management and offers exciting prospects for prospective tenants seeking a well-established and strategically located presence in South Philadelphia. Philadelphia County location.

• CAP approach

  CAP return

  Valuation

  6%

  $135,500,848

  6.5%

  $125,077,696

  7%

  $116,143,576

• Comparable approach

  Method

  Valuation

  Relative Method

  $77,227,568

  Geo Method

  $77,227,568

• Alternative Use

  Use

  Valuation

  Residential

  $158,666,336

  Hospitality

  $145,337,520

  Educational

  $120,919,104

  Medical

  $125,077,696

  Retail

  $188,096,384

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

39.9263

Longitude

-75.1702

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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