The phrase "physical location" refers to the specific place or position where something exists or is situated in the real world, rather than digitally or conceptually. Full definition
I also have not been able to confirm the exact physical location of this business, which appears to be separate from their main mailing address as posted on their website. (drive-safely.net)
The bank has physical locations in most states throughout the nation. (studentloans.net)
Give it your exact physical location — down to a street address, not just an entire city or zip code — and it provides forecasts for your area. (howtogeek.com)