436 Walnut — Sale in Malvern, AR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Malvern, AR 72104
  • Size: 330,000 SF
  • Year built: 1924

Description

Jones Lang LaSalle Americas, Inc. (“JLL”), a licensed real estate broker, has been retained on an exclusive basis to arrange the sale of 436 Walnut Street , (the “Property”), a 330,000 square foot building located in the heart of Philadelphia’s historic Washington Square neighborhood. Strategically situated on the corner of 5th and Walnut, the 12-story building enjoys a prime location proximate to desirable renter-oriented retail along the heavily trafficked Walnut and Chestnut streets. The area is rich with a variety of entertainment and dining options, and a collection of highly regarded national employers. The building’s design features large flexible floorplates and ample windows on every floor, providing an investor the opportunity for a variety of redevelopment opportunities including luxury apartments, upscale condominiums, a boutique hotel, or state-of-the-art offices, to capitalize on the building’s classic architectural elements and exceptional views of the city. Furthermore, a redevelopment of the asset could benefit from a 10 year abatement of real estate taxes from the City of Philadelphia as well as historic tax credit opportunities for an investor.

Market Context

This commercial property in Malvern, AR is listed for sale across 330,000 SF. The building dates to 1924. It has been on the market for 82 days. Compare it against other commercial property listings for sale in Malvern, AR — view the full market.

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