6233 N Broad Street — Sale in Philadelphia, PA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Philadelphia, PA 19141

Photos

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Investment Figures

Cap rate
7.34%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present 6233 N Broad Street, one of ten Philadelphia City Commissioner's headquarters and election offices. The single-tenant retail property consists of approximately 4,205 square feet situated on a 0.57-acre parcel and was constructed in 1998. Featuring 36 off-street parking spaces and 156 feet of frontage along North Broad Street, the asset offers exceptional visibility and accessibility in a densely populated urban trade area. Moreover, Philadelphia maintains a strong municipal credit profile with an A+ rating from S&P Global Ratings, reflecting long-term fiscal stability and institutional strength within the city. The property benefits from traffic counts exceeding 53,000 vehicles per day along Broad Street, Philadelphia's busiest and main commercial corridor, with an additional 23,894 vehicles per day at the intersection of Broad Street and Medary Avenue (AADT 2025). The site is surrounded by national and regional retailers including Aldi, Wendy’s, Dunkin’, Pizza Hut, Family Dollar, Shell, and Let’s Wok; reinforcing strong daily consumer draw. Additional demand drivers include the Community College of Philadelphia, Fisher Park, and the Fern Rock Transportation Center; a major SEPTA hub connecting regional rail, subway, and bus lines. With its prominent positioning, substantial frontage, and ample on-site parking, 6233 N Broad Street presents a compelling opportunity to acquire a well-located retail asset in one of Philadelphia’s primary north–south thoroughfares.The property benefits from traffic counts exceeding 53,000 vehicles per day along Broad Street, with an additional 23,894 vehicles per day at the intersection of Broad Street and Medary Avenue N (AADT 2025). The site is surrounded by national and regional retailers including Aldi, Wendy’s, Dunkin’, Pizza Hut, Family Dollar, Shell, and Let’s Wok; reinforcing strong daily consumer draw. Additional demand drivers include the Community College of Philadelphia, Fisher Park,

Market Context

This retail in Philadelphia, PA is listed for sale. It is offered at an approximate 7.3% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Philadelphia, PA — view the full market.

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