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Highlights

  • Prime retail/office space in the heart of Rittenhouse Square with excellent visibility.
  • Corner location at 19th and Ludlow Streets offering strong signage opportunities.
  • Exceptional accessibility with Walk Score and Transit Score of 100.
  • Two-level configuration with ground floor suitable for restaurant venting.
  • Surrounded by dense residential population, luxury apartments, and high-traffic retail.
  • Steps from Walnut and Market Streets, Suburban Station, and major business hubs.

Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,000 SF
  • 3-5 Years
  • $92.86 CAD/SF/YR $7.74 CAD/SF/MO $92,862 CAD/YR $7,738 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

Nice corner space.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Corner Space
  • Large retail location.
  • 2nd Floor
  • 1,000 SF
  • Negotiable
  • $41.37 CAD/SF/YR $3.45 CAD/SF/MO $41,366 CAD/YR $3,447 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

Large retail space.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Corner Space
Space Size Term Rental Rate Rent Type
1st Floor 1,000 SF 3-5 Years $92.86 CAD/SF/YR $7.74 CAD/SF/MO $92,862 CAD/YR $7,738 CAD/MO Triple Net (NNN)
2nd Floor 1,000 SF Negotiable $41.37 CAD/SF/YR $3.45 CAD/SF/MO $41,366 CAD/YR $3,447 CAD/MO Triple Net (NNN)

1st Floor

Size
1,000 SF
Term
3-5 Years
Rental Rate
$92.86 CAD/SF/YR $7.74 CAD/SF/MO $92,862 CAD/YR $7,738 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

Nice corner space.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Corner Space
  • Large retail location.

2nd Floor

Size
1,000 SF
Term
Negotiable
Rental Rate
$41.37 CAD/SF/YR $3.45 CAD/SF/MO $41,366 CAD/YR $3,447 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

Large retail space.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Corner Space

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 2,000 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 6,000 SF
Total Land Area 0.05 AC
Year Built/Renovated 1900/1998

About the Property

First Floor: » 1,000 +/- SF retail space with basement storage » Ideal uses include quick-service restaurant, salon/barbershop, light retail, boutique, dry cleaner » Frontage: 14’ +/- on S 19th St » Located next to new 252-room Pod Hotel Philadelphia and between Rittenhouse Square and the Market Street Business District, with several recently completed and underconstruction high-density residential development projects » Zoning: CMX-5 Second Floor: » 1,000 +/- SF 2nd Floor office / retail space » Features main shared space, 2 private offices, 1 bathroom, and kitchenette » Suggested uses include salon, med spa, light fitness, yoga studio, office, jeweler, boutique, and apparel. » Located next to the new 252-room Motto Hotel by Hilton » Zoning CMX-5 » Located steps from Rittenhouse Square and close to the Market Street business district, with several recently completed and under construction high-density residential development projects. The neighborhood is Center City’s most expensive and exclusive neighborhood. With an abundance of high-end luxury apartments, some of the best fine dining in the city, and an expansive amount of luxury retail shopping, residents marvel at the options the area has to offer.

  • Signage
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Nearby Major Retailers

Equinox
Barry's
Planet Fitness
F45 Training
Citizens
Td Bank
Truist
PNC Bank
Bank of America
Bank of America Mortgage
  • Listing ID: 38506063

  • Date on Market: 2024-09-16

  • Last Updated:

  • Address: 23-25 S 19th St, Philadelphia, PA 19103

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