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Retail Space Near Rittenhouse Square
For Lease
Contact for pricing

1624 Locust Street, Philadelphia, PA 19103

The space is located one block from Rittenhouse Square in Philadelphia.

Space Size5,400 SF - 6,000 SF
Days on Market73

Property Features for 1624 Locust Street

General Information

Standard status Active
Size 5,400 SF - 6,000 SF
Property subtype Retail

Additional Details

Space Use Retail

Spaces For Lease

at 1624 Locust Street Contact us

1st Floor

Size
5,400 SF
Type
Street Retail
Term
Negotiable
Rate
Contact for pricing
Contact us

Lower Level

Size
6,000 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: MPN Realty, Inc.
Listed By: Veronica Blum · License #RS290724
Source: Mpnrealty
Added: Jun 25 Changed: Aug 31 Last Checked: Sep 4 at 3:26AM

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 MPN Realty, Inc.

Investment Insights

Based on property information with market context.

Retail space is available at 1624 Locust Street in Philadelphia, Pennsylvania. The property is positioned one block from Rittenhouse Square and carries a 19103 ZIP Code.

The available use is retail, with the location providing proximity to one of Philadelphia’s identified public squares.

Key Highlights

  • Retail space at 1624 Locust Street
  • One block from Rittenhouse Square
  • Philadelphia, PA 19103

Property Analytics

Current Use

Jason Cohen Group Real Estate Agency Eden Heilman - Philadelphia ... Real Estate Agency Katherine Bonnin, Realtor Real Estate Agency Manny Adames, Compass ... Real Estate Agency Elon Rembert, Compass ... Real Estate Agency

Suggested Use

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

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

21,096
Businesses Nearby
257k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 37% Apparel 27% Shops & Services 16% Hotels & Casinos 15%
The Ritz-Carlton, Philadelphia Hotels & Casinos
30,824 visits/mo 0.4 miles
Starbucks Dining
22,463 visits/mo 0.2 miles
UNIQLO Apparel
20,066 visits/mo 0.2 miles
Ocean Prime Dining
15,550 visits/mo 0.2 miles
Urban Outfitters Apparel
15,117 visits/mo 0.2 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

$25.21 /SF/Yr
Avg Asking Price
$3.32–$100 /SF/Yr
Price Range
6,858 SF
Avg Space Size

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - The space is located one block from Rittenhouse Square in Philadelphia.
Where is this retail space located?
The property is located at 1624 Locust Street Philadelphia, PA.
What are key features of this property?
This property features: Retail space at 1624 Locust Street; One block from Rittenhouse Square; Philadelphia, PA 19103
More about this property
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