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Prime Retail Space in Philadelphia
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1625 Chestnut Street, Philadelphia, PA 19103

High-traffic retail space with diverse offerings and strong visitor numbers.

Property Size150,000 SF
Days on Market207

Property Features for 1625 Chestnut Street

General Information

Standard status Active
Size 150,000 SF
Property subtype Retail

Properties For Sale

at 1625 Chestnut Street Contact us

1

Size
1 SF
Type
Power Center
Term
Negotiable
Contact us
Listing Agency: Metro Commercial - PA
Listed By: Iryna Iryk
Source: Metrocommercial
Added: Jan 27 Changed: Aug 10 Last Checked: Aug 22 at 4:27AM

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 Metro Commercial - PA

Investment Insights

Based on property information with market context.

This property features 150,000 square feet of retail space, complemented by a substantial office presence including 1,200,000 square feet in One Liberty Place and 965,000 square feet of office and residential space in Two Liberty Place. The site also includes a 249-room Westin Hotel and 111 condos in The Residences at Two Liberty Place. A 759-space parking garage serves the location. The retail mix is highlighted by the region's first Bloomingdale’s Outlet and Puttshack. A light-filled rotunda provides a high-profile event space. The location includes a renowned food court that attracts thousands of visitors in Center City. The property attracts approximately 3,000,000 visitors annually and is positioned on the two busiest corners in Center City: 16th and Chestnut and 17th and Chestnut.

Key Highlights

  • Located on the two busiest corners in Center City: 16th and Chestnut and 17th and Chestnut
  • Unique retail mix features the first Bloomingdale’s Outlet and Puttshack in the region
  • Renowned food court attracting thousands in Center City

Property Analytics

Current Use

Chipotle Mexican Grill Restaurant LOFT Outlet Clothing & Fashion Store Smoothie King Specialty Food Shop Master Wok Restaurant Monarch Medspa Medical Clinic

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Butcher Pet Grooming Service Electrical Service

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

Location Intelligence

Trade Area within ½ mile

26,467
Businesses Nearby
311k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 36% Hotels & Casinos 26% Apparel 22% Shops & Services 11%
The Ritz-Carlton, Philadelphia Hotels & Casinos
30,824 visits/mo 0.1 miles
Starbucks Dining
22,463 visits/mo 0.2 miles
UNIQLO Apparel
20,066 visits/mo 0.1 miles
The Logan Philadelphia, Curio Collection By Hilton Hotels & Casinos
19,294 visits/mo 0.5 miles
Starbucks Dining
16,511 visits/mo 0.3 miles

Demographics for 19103, PA

28,717
Population
20,064
Households
1.4
Avg Household Size
36
Median Age
81%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
47,862
Density / Sq Mi
$97,940
Median Household Income
$76,680
Median Earnings
$1,955
Median Rent
$551,700
Median Home Value

Market

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - High-traffic retail space with diverse offerings and strong visitor numbers.
Where is this shopping center located?
The property is located at 1625 Chestnut Street Philadelphia, PA.
What are key features of this property?
This property features: Located on the two busiest corners in Center City: 16th and Chestnut and 17th and Chestnut; Unique retail mix features the first Bloomingdale’s Outlet and Puttshack in the region; Renowned food court attracting thousands in Center City
More about this property
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