7700 Crittenden StPhiladelphia, PA 19118

Property Details for 7700 Crittenden St

Year built

1930

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

10.23 AC

Property size (Sq ft)

103,898 SF

Zone code

CA2

Property type

Retail properties

Property subtype

Strip malls

APN

88-2-0403-00

APU

882040300

Description

This exceptional retail opportunity is located within the vibrant Market Square Shopping Center in Philadelphia, Pennsylvania, at 7700 Crittenden Street, zip code 19118. The property is a multi-tenant shopping center featuring a prominent ACME supermarket as an anchor tenant, ensuring high foot traffic and visibility. The total building size encompasses 102,794 square feet. Currently, there is 7,951 square feet of vacant retail space available for lease. Individual spaces are divisible to a minimum of 2,935 square feet, with a maximum contiguous space of 3,374 square feet. This presents a flexible leasing option for businesses of varying sizes. The property is situated in Philadelphia County and benefits from its strategic location within a bustling commercial area. This is an ideal location for retailers seeking high visibility and access to a dense customer base. The property's strong anchor tenant and ample available space make it a compelling investment opportunity. Interested parties are encouraged to inquire about lease terms and availability. The property is conveniently located at 40.0716693 latitude and -75.1938433 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $25,250,840

  6.5%

  $23,308,468

  7%

  $21,643,578

• Comparable approach

  Method

  Valuation

  Relative Method

  $34,209,788

  Geo Method

  $34,209,788

• Alternative Use

  Use

  Valuation

  Residential

  $19,661,566

  Hospitality

  $18,009,888

  Educational

  $14,984,016

  Medical

  $15,499,339

  Retail

  $23,308,468

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

40.0725

Longitude

-75.1944

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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