200-10 Lombard Street

Abbotts Square

Description

Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained on an exclusive basis to arrange the sale of Abbotts Square (the “Property”), a strategic mixed-use investment opportunity in Society Hill, one of Philadelphia’s most prestigious neighborhoods. This irreplaceable asset combines 48,313 SF of commercial space, an 80,490 SF parking garage with 203 spaces, office space, and multifamily residential in a single, diversified investment.

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Attributes

Building area gross

48,313 sf

Parking spaces

203

Year built

1984

Media

Investment Highlights

Offering of an irreplaceable urban infill commercial condominium and parking garage, AVAILABLE INDIVIDUALLY OR AS A PORTFOLIO
At 37% occupancy, Abbott’s Square offers a unique value add retail opportunity in an incredibly high barrier to entry market
Immediate parking income enhancement opportunity with below-market 203-space garage agreement in supply-constrained market
Ideally situated between two of Philadelphia’s most affluent neighborhoods in Queen’s Village & Society Hill
Access to an average household income of over $150,000 and over 34,000 total households within a 1-mile radius