308 Market Street
Available Property

308 Market Street

Restaurant
Property Description:

This property, located at 308 Market Street in Philadelphia, PA 19106, is one of the premier retail spaces available in Old City, known for being one of the largest stores on Market Street. Currently, the 1st floor, with 4,000 SF, is available for lease at a rate of $22.00 per square foot per year on a Triple Net (NNN) rent type. The lease term is negotiable. The space, in excellent condition and fully built out as a restaurant or café, aligns with other retail venues and does not include utilities, property expenses, or building services in the lease rate. High Street, a restaurant, is one of the select tenants in this building. The property, built in 1900, offers a gross leasable area of 8,200 square feet and falls under the storefront retail/office property subtype, ideally located near the cross streets with 3rd St. This space is touted as the hottest property in Old City and is a great opportunity for retail or restaurant businesses seeking high visibility and significant foot traffic in a vibrant location.

FIRST FLOOR 4000 SQUARE FEET

ASKING $22.00 / FT NNN

NNN- $7.25/FT (taxes-insurance-water-u&o business tax)

Full Basement Included at no charge

 

 

 

Property detail:
Ground Floor
Approximate Size:
4000 SF
Sale type:
Lease
Rate:
Upon Request