Building Details

Year Built 2013

Listing Agency: MSC Retail, Inc. j***@hellomsc.com Show Phone

Listed By: Jacob K. Cooper · License #RS306451 Show Phone

Source: Patmckennarealtors

Added: Aug 10 Changed: Aug 11 Last Checked: Aug 11 at 12:28PM

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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, Inc.

Investment Insights

Based on property information with market context.

This retail space was constructed in 2013 and is available for lease under a NNN structure. The property is located at 1605 Sansom Street in Center City Philadelphia, Pennsylvania 19103.

Key Highlights

• Retail space available for lease
• NNN lease structure
• Built in 2013

Property Analytics

Property Profile

Current Use

The Sansom Apartment Building Makever Architect Majas Apartment Building Adolf Biecker Spa ... Hair Salon

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store 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.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

19,701

Businesses Nearby

266k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 32% Apparel 26% Hotels & Casinos 19% Shops & Services 19%

The Ritz-Carlton, Philadelphia Hotels & Casinos

30,824 visits/mo 0.5 miles

Starbucks Dining

22,463 visits/mo 0.2 miles

UNIQLO Apparel

20,066 visits/mo 0.3 miles

The Logan Philadelphia, Curio Collection By Hilton Hotels & Casinos

19,294 visits/mo 0.5 miles

Wawa Shops & Services

15,928 visits/mo 0.5 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

Lease Benchmarks for Philadelphia, PA

$23.87 /SF/Yr

Avg Asking Price

$7.45–$100 /SF/Yr

Price Range

7,170 SF

Avg Space Size

This space is priced 130% above the average of $23.87 /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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Built in 2013 and offered under a NNN lease structure.

Where is this retail space located?

The property is located at 1605 SANSOM STREET Philadelphia, PA.

What is the lease rate?

The lease rate is $55 SF/Yr.

What are key features of this property?

This property features: Retail space available for lease; NNN lease structure; Built in 2013