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Ground-Floor Retail Space
New
For Lease
$5,500/Mo

500 SOUTH STREET, Philadelphia, PA 19147

Renovation work has begun, with additional completion required under a standard NNN lease.

Space SizeContact for details
Days on Market2

Property Features for 500 SOUTH STREET

General Information

Standard status Active
Property subtype Retail
Lease Type NNN

Space & Availability

Floor Ground
Space Use Retail

Building Details

Year Built 1980
Abandoned No
Listing Agency: MSC Retail, Inc.
Listed By: Jacob K. Cooper · License #RS306451
Source: Patmckennarealtors
Added: Aug 3 Changed: Aug 4 Last Checked: Aug 4 at 4:37AM

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 ground-level retail space at 500 South Street, Philadelphia, PA 19147, is offered under a standard NNN lease. Substantial renovation work has already taken place, while additional improvements remain for the incoming occupant to complete. The property was built in 1980 and provides a retail-oriented setting for a tenant seeking a space with an existing renovation foundation.

Key Highlights

  • Ground‑floor retail space at 500 South Street
  • Substantial renovation work already completed
  • Additional improvements remain for the incoming occupant

Property Analytics

Current Use

Retail space

Suggested Use

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

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

9,041
Businesses Nearby
91k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 55% Dining 19% Hotels & Casinos 16% Shops & Services 8%
Whole Foods Market Groceries
37,607 visits/mo 0.5 miles
Philadelphia Marriott Old City Hotels & Casinos
14,972 visits/mo 0.5 miles
ACME Markets Groceries
12,615 visits/mo 0.2 miles
Kung Fu Tea Dining
7,072 visits/mo 0.5 miles
TD Bank Shops & Services
6,416 visits/mo 0.2 miles

Demographics for 19147, PA

41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$24.08 /SF/Yr
Avg Asking Price
$2.97–$100 /SF/Yr
Price Range
7,117 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
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Frequently Asked Questions

What type of property is this?
Retail space - Renovation work has begun, with additional completion required under a standard NNN lease.
Where is this retail space located?
The property is located at 500 SOUTH STREET Philadelphia, PA.
What is the lease rate?
The lease rate is $5,500 /Mo.
What are key features of this property?
This property features: Ground‑floor retail space at 500 South Street; Substantial renovation work already completed; Additional improvements remain for the incoming occupant
More about this property
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