TURN-KEY RESTAURANT SPACE FOR LEASE 707 CHESTNUT STREET OLD CITY PHILADELPHIA

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1 TURN-KEY RESTAURANT SPACE FOR LEASE 707 CHESTNUT STREET OLD CITY PHILADELPHIA

2 107 South 2nd Street, 4th Floor Philadelphia, PA T: PROPERTY DETAILS Former Rosa Blanca Restaurant Bi-Level, Turn Key Bar/Restaurant Space For Lease One Block from Independence Square Heavy Daytime Foot Traffic Join Stephen Starr s Jones, Old Nelson Food Company, Philly Pretzel Factory, Dunkin Donuts, LaScala's, Passero s Coffee Roasters and the Largest Wawa in America Walking Distance to Public Transit (Subway & Rail Stations) JOIN THESE AREA TENANTS

3 ABOUT THE RETAIL SPACE Located in the Old City District of Philadelphia Features 4,500 SF on First Floor plus 3,000 SF on Lower Level with Bar CMX-5 Zoning Finished Kitchen with Full Cooking Line, Prep Area, Walk-In Boxes & Dish Washing Area 28 of Frontage and Signage on Chestnut Street Motivated Ownership with Attractive Rental Rate and Deal Structure Walk Score 99; Transit Score 100; Bike Score 82 MILEAGE FROM THE FOLLOWING I-676 (Vine Street Expressway) 3.5 Mi. 14 Min. Philadelphia Museum of Art 2.7 Mi. 10 Min. Pennsylvania Convention Center 0.6 Mi. 5 Min. City Hall / Dilworth Plaza 0.7 Mi. 6 Min. ABOUT HISTORIC OLD CITY AREA Old City Philadelphia is the nation s most historic square mile. This vibrant old-world neighborhood is the home to many shops, galleries, restaurants, bars and clubs. In addition, Philadelphia s most popular historic attractions the Liberty Bell, Independence Hall, the National Constitution Center, Betsy Ross House, Penn s Landing and much more are all just minutes from each other. The area is also within an easy walk of the Pennsylvania Convention Center and several nationally renowned hospitals. The area has easy access to all major transportation arteries; it is just ten minutes by car from the Philadelphia International Airport and Amtrak s 30th Street Station. To tourists, the Old City area is best known as the site of Independence Hall and its encompassing Independence National Historical Park, Elfreth's Alley, Carpenters' Hall, the Betsy Ross House, and many of Philadelphia's other historic sites. Old City s historic sites attract roughly 4 million visitors each year. 207,030 people live within a five-minute drive of Old City, and 3.4 million people live within a 25 minute drive. Old City is one of the city's popular nightlife destinations, with lounges, dive bars, and quality restaurants, mostly along the three blocks from 3rd and Market Streets to Front and Chestnut Streets. The 3rd Street Corridor, between Market Street and Vine Street, is home to galleries, boutiques, and other locally owned businesses. Landmark Theatres operates three Ritz movie theaters in the area that specialize in art films. During the popular monthly First Friday event, shops hold evening-hours open houses featuring art, design, and fashion. Since 2010, tech firms have moved to the area as well. CENTER CITY DEMOGRAPHICS Est. Population 187,864 Est. Median Age 35.4 Yrs. Est. Avg HHI $95,963 Est. Total Employees 292,746

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9 Area Destinations