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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
  • $91.38 CAD/SF/YR $7.61 CAD/SF/MO $91,379 CAD/YR $7,615 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
  • $40.71 CAD/SF/YR $3.39 CAD/SF/MO $40,705 CAD/YR $3,392 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
  • Great location.
Space Size Term Rental Rate Rent Type
1st Floor 1,000 SF 3-5 Years $91.38 CAD/SF/YR $7.61 CAD/SF/MO $91,379 CAD/YR $7,615 CAD/MO Triple Net (NNN)
2nd Floor 1,000 SF Negotiable $40.71 CAD/SF/YR $3.39 CAD/SF/MO $40,705 CAD/YR $3,392 CAD/MO Triple Net (NNN)

1st Floor

Size
1,000 SF
Term
3-5 Years
Rental Rate
$91.38 CAD/SF/YR $7.61 CAD/SF/MO $91,379 CAD/YR $7,615 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
$40.71 CAD/SF/YR $3.39 CAD/SF/MO $40,705 CAD/YR $3,392 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
  • Great location.

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 1890/1998

About the Property

Position your business in the heart of Philadelphia’s prestigious Rittenhouse Square neighborhood with this highly visible retail/office opportunity at 23-25 S 19th Street. This two-level property offers approximately 1,000 SF on the ground floor and an additional 1,000 SF on the second floor, providing flexibility for a variety of uses including boutique retail, creative office, wellness/fitness, or salon concepts. The ground floor can accommodate restaurant venting, making it an excellent choice for food and beverage operators seeking a prime Center City location. The property boasts a prominent corner position at 19th and Ludlow Streets, ensuring exceptional visibility and strong signage opportunities. Surrounded by a dense residential population, affluent demographics, and high pedestrian traffic, this location benefits from consistent demand from residents, office workers, and commuters. Nearby attractions include Walnut and Market Streets, Suburban Station, and numerous luxury apartments, hotels, and retail destinations. With a Walk Score and Transit Score of 100, accessibility is unmatched, and a Bike Score of 86 further enhances connectivity. This is an ideal opportunity for businesses looking to capitalize on the vibrancy of Center City, where retail occupancy remains strong and foot traffic continues to grow. Join a thriving mix of national and local retailers in one of Philadelphia’s most dynamic urban environments.

  • 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
Truist
PNC Bank
Bank of America
TD Bank
Santander
  • Listing ID: 38506063

  • Date on Market: 2024-09-16

  • Last Updated:

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

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