The Property is comprised of 3,762 SF improvements on 1,471 SF of CMX-5 land in the Washington Square West neighborhood of Philadelphia. The Washington Square West section of Center City is considered one of the most desirable neighborhoods in the Philadelphia MSA featuring award-winning retail, eateries, and nightlife.

Currently, the Property is configured with (2) ground-floor commercial spaces and (3) residential units on the upper levels. All commercial and residential units are leased and occupied. Due to the Property’s generous CMX-5 zoning designation, additional units, square footage, and height could be added by-right on the parcel.

Tenants live or work directly adjacent to Jefferson University Hospital Campus, The Fashion District of Philadelphia, Jewelers’ Row, and The Reading Terminal Market. The Property is steps from the new Jefferson University Specialty Care Pavilion, which is projected to have a $600M+ economic impact.

The Asset is located minutes from major thoroughfares including Market Street and Chestnut Street as well as Interstates 76, 676, and 95 that provide unparalleled access to the Philadelphia MSA. The Property is located 0.3 miles from a major train station at 8th and Market Streets carrying commuters into Center City, 30th Street Station, the Philadelphia Suburbs, and New Jersey via the Market-Frankford line, the Broad Street line, and the PATCO line.