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The Bond Building 300 E Godfrey Ave

252,000 SF 81% Leased Industrial Building Philadelphia, PA 19120 For Sale

Virtual Tour

Investment Highlights

  • The Bond Building offers investors a premier opportunity to own an adaptive reuse property thoughtfully tailored to the needs of today’s workforce.
  • Tenants enjoy a well-established business epicenter to feel inspired and collaborate, with access to ample parking in a secure and fenced-in lot.
  • Presenting a vibrant tenant mix, capitalizing on the property’s storage units, warehouse space, office solutions, and commercial kitchen facilities.
  • Situated roughly 30 minutes from Center City, with convenient access to Route 1, the New Jersey Turnpike, and other significant Mid-Atlantic areas.

Executive Summary

The Bond at 300 E Godfrey Avenue presents the opportunity to purchase an iconic investment property in Philadelphia, Pennsylvania. Dating back to the city’s industrial past, the transformation of the 252,000-square-foot building is primed to meet the needs of today’s workforce. Capitalize on abundant natural light from large windows, unique ceiling heights, rare architectural design details, and a fenced, secure parking lot for food trucks and work vehicles.

Current uses within this well-established adaptive reuse project include storage units and warehouse space, ready-to-use commercial kitchen facilities, and modern office solutions with private offices, flex space, coworking spaces, creative lofts, and studios. The Bond is more than just a workplace — it is a modern business epicenter where innovation and collaboration thrive.

Centrally located within the Philadelphia metropolitan area, The Bond is just over 30 minutes north of Center City, Philadelphia. Interstate 95 access is just minutes away, providing seamless connections through the Mid-Atlantic region. The property is easily accessible from Center City, Bucks County, Route 1, and the New Jersey Turnpike, Pennsylvania extension.

Property Facts

Sale Type Investment NNN
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 5.70 AC
Rentable Building Area 252,000 SF
No. Stories 3
Year Built 1928
Parking Ratio 0.4/1,000 SF
Clear Ceiling Height 16 FT
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 4
Opportunity Zone Yes

Amenities

  • 24 Hour Access
  • Bus Line
  • Fenced Lot
  • Security System
  • Storage Space

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Ground - Warehouse Unit # 101
  • 5,500 SF
  • Industrial
  • Shell Space
  • Now

5,500 SF Warehouse that features loading docks, an 11-foot ceiling height, and flexible terms. Included in the price are RE and U&O taxes, LED lights, High-speed Internet, use of forklifts, coworking office, and more. We also offer office space on flexible terms.

  • Ground - Warehouse Unit # 20
  • 2,276 SF
  • Industrial
  • Shell Space
  • Now

2,276 SF warehouse features, loading docks, a 15-foot ceiling height, and Flexible terms. Included in the price are RE and U&O taxes, LED lights, High-speed Internet, use of forklifts, coworking office, and more. We also offer office space on flexible terms.

  • 1st Fl - Warehouse # 3C
  • 10,500 SF
  • Industrial
  • Shell Space
  • Now

6,200 SF Warehouse, features loading docks, an 11-foot ceiling height, and flexible terms. Included in the price are RE and U&O taxes, LED lights, High-speed Internet, use of forklifts, coworking office, and more. We also offer office space on flexible terms.

  • 1st Fl - Warehouse Unit # 111
  • 810 SF
  • Industrial
  • Shell Space
  • Now

810 SF Warehouse features loading docks, a 15-foot ceiling height, and flexible terms. Included in the price are RE and U&O taxes, LED lights, High-speed Internet, use of forklifts, coworking office, and more. We also offer office space on flexible terms.

  • 1st Fl - Warehouse Unit # 118
  • 1,625 SF
  • Industrial
  • Shell Space
  • Now

1,625 SF Warehouse features loading docks, a 15-foot ceiling height, and flexible terms. Included in the price are RE and U&O taxes, LED lights, High-speed Internet, use of forklifts, coworking office, and more. We also offer office space on flexible terms.

  • 1st Fl - Warehouse Unit # 119
  • 1,130 SF
  • Industrial
  • Shell Space
  • Now

1,130 SF Warehouse features loading docks, a 15-foot ceiling height, and flexible terms. Included in the price are RE and U&O taxes, LED lights, High-speed Internet, use of forklifts, coworking office, and more. We also offer office space on flexible terms.

  • 2nd Floor
  • 25,000 SF
  • Industrial
  • Shell Space
  • Now
Space Size Space Use Condition Available
Ground - Warehouse Unit # 101 5,500 SF Industrial Shell Space Now
Ground - Warehouse Unit # 20 2,276 SF Industrial Shell Space Now
1st Fl - Warehouse # 3C 10,500 SF Industrial Shell Space Now
1st Fl - Warehouse Unit # 111 810 SF Industrial Shell Space Now
1st Fl - Warehouse Unit # 118 1,625 SF Industrial Shell Space Now
1st Fl - Warehouse Unit # 119 1,130 SF Industrial Shell Space Now
2nd Floor 25,000 SF Industrial Shell Space Now

Ground - Warehouse Unit # 101

Size
5,500 SF
Space Use
Industrial
Condition
Shell Space
Available
Now

Ground - Warehouse Unit # 20

Size
2,276 SF
Space Use
Industrial
Condition
Shell Space
Available
Now

1st Fl - Warehouse # 3C

Size
10,500 SF
Space Use
Industrial
Condition
Shell Space
Available
Now

1st Fl - Warehouse Unit # 111

Size
810 SF
Space Use
Industrial
Condition
Shell Space
Available
Now

1st Fl - Warehouse Unit # 118

Size
1,625 SF
Space Use
Industrial
Condition
Shell Space
Available
Now

1st Fl - Warehouse Unit # 119

Size
1,130 SF
Space Use
Industrial
Condition
Shell Space
Available
Now

2nd Floor

Size
25,000 SF
Space Use
Industrial
Condition
Shell Space
Available
Now

Ground - Warehouse Unit # 101

Size 5,500 SF
Space Use Industrial
Condition Shell Space
Available Now

5,500 SF Warehouse that features loading docks, an 11-foot ceiling height, and flexible terms. Included in the price are RE and U&O taxes, LED lights, High-speed Internet, use of forklifts, coworking office, and more. We also offer office space on flexible terms.

Ground - Warehouse Unit # 20

Size 2,276 SF
Space Use Industrial
Condition Shell Space
Available Now

2,276 SF warehouse features, loading docks, a 15-foot ceiling height, and Flexible terms. Included in the price are RE and U&O taxes, LED lights, High-speed Internet, use of forklifts, coworking office, and more. We also offer office space on flexible terms.

1st Fl - Warehouse # 3C

Size 10,500 SF
Space Use Industrial
Condition Shell Space
Available Now

6,200 SF Warehouse, features loading docks, an 11-foot ceiling height, and flexible terms. Included in the price are RE and U&O taxes, LED lights, High-speed Internet, use of forklifts, coworking office, and more. We also offer office space on flexible terms.

1st Fl - Warehouse Unit # 111

Size 810 SF
Space Use Industrial
Condition Shell Space
Available Now

810 SF Warehouse features loading docks, a 15-foot ceiling height, and flexible terms. Included in the price are RE and U&O taxes, LED lights, High-speed Internet, use of forklifts, coworking office, and more. We also offer office space on flexible terms.

1st Fl - Warehouse Unit # 118

Size 1,625 SF
Space Use Industrial
Condition Shell Space
Available Now

1,625 SF Warehouse features loading docks, a 15-foot ceiling height, and flexible terms. Included in the price are RE and U&O taxes, LED lights, High-speed Internet, use of forklifts, coworking office, and more. We also offer office space on flexible terms.

1st Fl - Warehouse Unit # 119

Size 1,130 SF
Space Use Industrial
Condition Shell Space
Available Now

1,130 SF Warehouse features loading docks, a 15-foot ceiling height, and flexible terms. Included in the price are RE and U&O taxes, LED lights, High-speed Internet, use of forklifts, coworking office, and more. We also offer office space on flexible terms.

Walk Score ®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Philadelphia
1,584,138
4
0 h 9 m
New York
8,398,748
96
2 h 13 m
Washington
702,455
145
3 h 9 m
Boston
694,583
299
6 h 18 m
Columbus
892,533
478
9 h 11 m
Charlotte
872,498
544
10 h 48 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
2,153,380
Total Labor Force
1,088,808
Unemployment Rate
4.43%
Median Household Income
$62,364
Warehouse Employees
132,659
High School Education Or Higher
88.70%

Nearby Amenities

Restaurants

Nam Vang Restaurant Vietnamese $$$ 7 min walk
Dunkin' Cafe - 10 min walk

Retail

Rite Aid Drug Store 8 min walk
Planet Fitness Fitness 7 min walk
Burlington Dept Store 15 min walk

Hotels

Courtyard
333 rooms
14 min drive

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
884116095
Land Assessment
$2,354,430
Improvements Assessment
$2,417,170
Total Assessment
$4,771,600

zoning

Zoning Code I-2, (Medium Industrial)
I-2, (Medium Industrial)

Sale Advisor

Sale Advisor

(856) 433-1801
Contact
Jonathan Klear, Senior Vice President
(856) 433-1801
Contact
For over a decade, Jonathan Klear has carved out a niche in the Greater Philadelphia commercial real estate market as an industrial sales and leasing specialist. Since joining NAI Mertz, Jonathan has represented institutional, regional and local landlords in their acquisition, leasing and disposition requirements. He has concluded several million square feet of transactions across sectors including industrial, retail, investment sales, and office. This wide and deep knowledge and experience base enables Jonathan to provide keen insight and implement strategies resulting in optimized value, reduced cycle time and an improved bottom line.

Prior to joining NAI Mertz Corporation, Jonathan spent several years in the entertainment industry specializing in marketing at MTV Networks, agency representation, and licensing. As a result he is an exceptionally talented negotiator and highly effective marketer.
Jonathan has worked alongside tenants who were expanding, contracting, relocating and/or reorienting their commercial real estate footprint throughout the United States. Jon is well known, liked and respected in NAI Global enabling him to leverage his regional, national and global colleagues to deliver services on behalf of clients with the same attention to detail, expertise and passion of which they have grown accustomed.
  • Listing ID: 30622080

  • Date on Market: 1/10/2024

  • Last Updated:

  • Address: 300 E Godfrey Ave, Philadelphia, PA 19120

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