For Lease
$15-$40 /SF/YR

1624-28 Locust St Philadelphia, PA 19103

Prime Rittenhouse retail, 5,400-11,400 SF

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional retail opportunity presents two available spaces totaling 11,400 square feet in a six-story building at 1624-28 Locust Street, Philadelphia, PA. Located just one block from Rittenhouse Square, this property boasts a highly desirable location within a vibrant retail corridor, surrounded by affluent residential and office buildings. The space offers flexible configurations, with options ranging from 5,400 to 11,400 contiguous square feet, including a 5,400+/- square foot first floor and a 6,000+/- square foot lower level. The building features impressive 12-foot ceiling heights, with the potential for double-height ceilings in certain configurations. Multiple elevators are available, and the building's design allows for the possibility of a roof deck. Rear loading and trash facilities are also provided. The property enjoys excellent street frontage of 58 feet on Locust Street. The upper five floors are available under separate ownership. The CMX-3 zoning allows for a variety of retail uses. This location benefits from exceptional public transportation access, with proximity to the SEPTA Broad Street Line, PATCO, and Suburban Station. The property's strong tenant mix includes nationally recognized brands such as Barclay Prime, Parc, Free People, Paper Source, Urban Outfitters, Almyra, Apple, Brooklinen, Vince, P.S. & Co., Bluestone Lane, Doggie Style, and Devon, ensuring a high-traffic location and excellent co-tenancy. This is a rare opportunity to establish a presence in one of Philadelphia's most prestigious retail districts.

Highlights

  • High-end retail neighbors include Barclay Prime, Parc, Free People, and other nationally recognized brands.
  • Strong tenant mix offers diverse retail options.
  • High-traffic location in Rittenhouse Square, surrounded by established businesses.
  • Excellent co-tenancy with nationally recognized brands.
  • Prime Rittenhouse Square location in a vibrant retail corridor.

Property Details for 1624-28 Locust St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
11,400 SF
Buildings
1
Stories
6

Unit(s) available at that property

Space
First floor space
Size
5,400 SF
Rate per SF
$40
Space
Lower level
Size
6,000 SF
Rate per SF
$15

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.948790284517
Longitude
-75.169085922028

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FAQs

What type of property is this?
Retail property - Prime Rittenhouse retail, 5,400-11,400 SF
Where is the retail property located?
The property is located at 1624-28 Locust St Philadelphia, PA.
What is the lease rate?
The lease rate is $15-$40 /SF/YR.
What are key features of this property?
This property features: High-end retail neighbors include Barclay Prime, Parc, Free People, and other nationally recognized brands.; Strong tenant mix offers diverse retail options.; High-traffic location in Rittenhouse Square, surrounded by established businesses.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].

Contacts

Veronica Blum
Veronica Blum
Visit Broker Website

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Locust St
Philadelphia, PA 19103

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Locust St
Philadelphia, PA 19103

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1624-28 Locust St
  • Veronica Blum
    Veronica Blum
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