You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1624-28 Locust St Philadelphia, PA 19103

11,400 SF
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity presents two available spaces totaling 11,400 square feet in a six-story building at 1624-28 Locust Street, Philadelphia, PA. Located just one block from Rittenhouse Square, this property boasts a highly desirable location within a vibrant retail corridor, surrounded by affluent residential and office buildings. The space offers flexible configurations, with options ranging from 5,400 to 11,400 contiguous square feet, including a 5,400+/- square foot first floor and a 6,000+/- square foot lower level. The building features impressive 12-foot ceiling heights, with the potential for double-height ceilings in certain configurations. Multiple elevators are available, and the building's design allows for the possibility of a roof deck. Rear loading and trash facilities are also provided. The property enjoys excellent street frontage of 58 feet on Locust Street. The upper five floors are available under separate ownership. The CMX-3 zoning allows for a variety of retail uses. This location benefits from exceptional public transportation access, with proximity to the SEPTA Broad Street Line, PATCO, and Suburban Station. The property's strong tenant mix includes nationally recognized brands such as Barclay Prime, Parc, Free People, Paper Source, Urban Outfitters, Almyra, Apple, Brooklinen, Vince, P.S. & Co., Bluestone Lane, Doggie Style, and Devon, ensuring a high-traffic location and excellent co-tenancy. This is a rare opportunity to establish a presence in one of Philadelphia's most prestigious retail districts.

Property profile
Verified
Property type Retail properties & Spaces
Total area 11,400 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1624-28 Locust St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message