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Retail Space with Freight Elevator

1120 Chestnut Street, Philadelphia, PA 19107

For Lease
Contact for pricing

A lower-level storefront offers an existing retail buildout and rear loading access via a freight elevator.

Space Size20,512 SF
Days on Market8

Property Features for 1120 Chestnut Street

General Information

Standard status Active
Size 20,512 SF
Net Rentable 20,512 SF
Elevators Yes
Property subtype Retail, Office

Space & Availability

Available Space 20,512 SF
Contiguous Space 20,512 SF
Floor Lower Level
Space Use Office

Site & Location

Neighborhood Center City
Road Access Yes

Amenities

street level storefront entrance
dedicated stairwell
rear loading access
freight elevator
12' ceilings
existing retail build out

Spaces For Lease

at 1120 Chestnut Street
Lower Level Active
Size 20,512 SF
Contact us
Listing Agency: MSC Retail
Listed By: Jacob Cooper · License PA RS306451
Source: Crexi
Added: Nov 3 Changed: Nov 8 Last Checked: Nov 10 at 8:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MSC Retail

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 20,512-square-foot retail space occupies a lower level reached from a street-level storefront entrance by a dedicated stairwell. The existing retail buildout is paired with 12-foot ceilings to the deck and 8-foot-6-inch clearance to the drop ceiling. A freight elevator opens directly into the space and connects to rear loading access through the Sansom Street parking area.

The property is at 1120 Chestnut Street in Philadelphia’s Midtown Village, across from Thomas Jefferson Hospital and the university campus. Retail, office, and medical uses are being sought.

Key Highlights

  • 20,512 SF of lower‑level retail space
  • Existing retail buildout with 12' ceilings to the deck and 8'6" to the drop
  • Street‑level storefront entrance with dedicated stairwell

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Tanning Salon Pet Grooming Service Auto Parts Store Veterinary Clinic Clothing & Fashion Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

25,545
Businesses Nearby

Demographics for 19107, PA

17,600
Population
10,239
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
92%
High-School Grad
0.5 sq mi
ZIP Area
35,200
Density / Sq Mi
$70,382
Median Household Income
$57,694
Median Earnings
$1,691
Median Rent
$452,500
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$24.15 /SF/Yr
Avg Asking Price
$2.26–$100 /SF/Yr
Price Range
7,073 SF
Avg Space Size

Average Price Trend$/SF/Yr for Retail space in Philadelphia, PA

$23.99 Jul
$25.14 Aug
$24 Sep
$24.7 Oct

Properties on Market for Retail space in Philadelphia

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Philadelphia, PA

14.2% 2019
14.1% 2020
16.2% 2021
19% 2022
20.5% 2023
19.6% 2024
19.7% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A lower-level storefront offers an existing retail buildout and rear loading access via a freight elevator.
Where is this retail space located?
The property is located at 1120 Chestnut Street Philadelphia, PA.
What are key features of this property?
This property features: 20,512 SF of lower‑level retail space; Existing retail buildout with 12' ceilings to the deck and 8'6" to the drop; Street‑level storefront entrance with dedicated stairwell
(215) 813-3784 Call to check price and availability
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