1424 Chestnut St Philadelphia, PA 19102

Spaces For Lease

at 1424 Chestnut St Contact us

Listing office MPN Realty, Inc. v***@mpnrealty.com Show Phone

Listing date Aug 9, 2021

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Investment Insights

Based on property information with market context.

Located at 1424-26 Chestnut Street in Philadelphia, PA, this retail space offers approximately 10,000 square feet on the ground floor of the Jacob Reed Building. The space, currently occupied by a CVS Pharmacy, includes a mezzanine and basement storage totaling approximately 5,500 square feet. The property features architectural designs, including arched doorways and windows, high ceilings, and stained glass windows, along with a historic exterior. The space extends from Chestnut Street to Sansom Street, providing rear access on Sansom Street for loading and trash. It has 50 feet of frontage on both Chestnut and Sansom Streets. Zoned CMX-5, the property is situated in the heart of Center City on a busy street, directly across from The Element by Westin, a 460-room extended-stay hotel, and the W Hotel with 295 rooms. It is also one block from Broad Street and City Hall, and within one block of major transportation options, including Suburban Station and all Broad and Market Street stops.

Key Highlights

• Prime Center City location on Chestnut Street, one of Philadelphia's busiest streets
• 10,000 +/- SF of at‑grade retail space plus 5,500 +/- SF of mezzanine and basement storage
• Located in the Jacob Reed Building with gorgeous architectural designs, including arched doorways and windows, high ceilings, and stained glass windows

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FAQs

What type of property is this?

Retail space - 10,000 SF retail space in the Jacob Reed Building.

Where is this retail space located?

The property is located at 1424 Chestnut St Philadelphia, PA.

What is the lease rate?

The lease rate is $42 SF/Yr.

What are key features of this property?

This property features: Prime Center City location on Chestnut Street, one of Philadelphia's busiest streets; 10,000 +/- SF of at‑grade retail space plus 5,500 +/- SF of mezzanine and basement storage; Located in the Jacob Reed Building with gorgeous architectural designs, including arched doorways and windows, high ceilings, and stained glass windows