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Ground Floor Retail Storefront
For Lease
$15,000/Mo

1421 Walnut St, Philadelphia, PA 19102

Ground floor retail space with floor-to-ceiling glass storefront and street-level visibility from pedestrians and vehicles.

Property Size1,800 SF
Days on Market12

Property Features for 1421 Walnut St

General Information

Standard status Active
Size 1,800 SF

Building Details

Year Built 1920
Listing Agency: Allan Domb Real Estate
Listed By: Allan Domb · License #RB043135A
Source: Kandorre
Added: Jul 21 Changed: Jul 22 Last Checked: Jul 31 at 9:18AM

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 Allan Domb Real Estate

Investment Insights

Based on property information with market context.

This ground floor retail space is designed for strong storefront presence, featuring floor-to-ceiling glass frontage that looks onto Walnut Street. The offering includes approximately 1,800 square feet of street-facing retail space.

The space is positioned along Philadelphia’s Rittenhouse Row, with visibility from both pedestrians and vehicular traffic. It is described as steps from the Avenue of the Arts, about three blocks from Rittenhouse Square, and in close proximity to public transportation.

The layout is configured as a street-level storefront suitable for retail occupancy, supported by the building’s glass frontage and direct curbside presence.

Key Highlights

  • Ground‑floor retail space on Philadelphia’s Rittenhouse Row with approx. 1,800 SF
  • Floor‑to‑ceiling glass storefront with a glass floor‑to‑ceiling display looking onto Walnut Street
  • Street‑level visibility from both pedestrians and vehicular traffic

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Home Appliance Store Veterinary Clinic Pet Grooming 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.

Lease Details

NNN (Triple Net)
Lease Type
$15.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

26,467
Businesses Nearby
311k
Monthly Visits Nearby

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 19102, PA

7,568
Population
4,606
Households
1.6
Avg Household Size
32
Median Age
87%
College-Educated
98%
High-School Grad
0.2 sq mi
ZIP Area
37,840
Density / Sq Mi
$114,844
Median Household Income
$79,552
Median Earnings
$2,249
Median Rent
$412,200
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$23.66 /SF/Yr
Avg Asking Price
$0.94–$100 /SF/Yr
Price Range
3,242 SF
Avg Space Size

This space is priced 323% above the average of $23.66 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Ground floor retail space with floor-to-ceiling glass storefront and street-level visibility from pedestrians and vehicles.
Where is this retail space located?
The property is located at 1421 Walnut St Philadelphia, PA.
What is the lease rate?
The lease rate is $15,000 /Mo.
What are key features of this property?
This property features: Ground‑floor retail space on Philadelphia’s Rittenhouse Row with approx. 1,800 SF; Floor‑to‑ceiling glass storefront with a glass floor‑to‑ceiling display looking onto Walnut Street; Street‑level visibility from both pedestrians and vehicular traffic
More about this property
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