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1417 Locust St 4,020 - 13,040 SF of Retail Space Available in Philadelphia, PA 19102
Highlights
- Zoned CMX-5 for commercial use, supporting diverse business opportunities.
- Situated in the bustling Avenue of the Arts district, offering high visibility and heavy foot traffic.
- Full 24-hour access for tenants, along with on-site signage for brand exposure.
- Located just one block from SEPTA and PATCO stations, providing exceptional transit connectivity.
- The property includes a four-story structure with multiple suites currently available for retail or office use.
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 5,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 3rd Floor | 4,020 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 4th Floor | 4,020 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
2nd Floor
Part of this space available is included on the third floor.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
3rd Floor
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
4th Floor
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
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.
Select Tenants at 1417 Locust St, Philadelphia, PA 19102
- Tenant
- Description
- US Locations
- Reach
- Academy Cleaners
- Services
- 1
- -
- Red Rocks Group Inc.
- Real Estate
- 5
- Local
- Y-Hep Health Center
- Health Care and Social Assistance
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Academy Cleaners | Services | 1 | - |
| Red Rocks Group Inc. | Real Estate | 5 | Local |
| Y-Hep Health Center | Health Care and Social Assistance | 1 | Local |
Property Facts
| Total Space Available | 13,040 SF | Gross Leasable Area | 22,051 SF |
| Property Type | Retail | Year Built/Renovated | 1880/2005 |
| Property Subtype | Storefront Retail/Office | Cross Streets | 15th St |
| Total Space Available | 13,040 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 22,051 SF |
| Year Built/Renovated | 1880/2005 |
| Cross Streets | 15th St |
About the Property
Positioned in the highly active Avenue of the Arts district, 1417 Locust Street offers a rare opportunity to acquire a multi-frontage property in the heart of Center City Philadelphia. This four-story building boasts approximately 20,250 square feet of above-grade space plus a full lower level, providing exceptional flexibility for retail, office, or mixed-use concepts. Its CMX-5 commercial zoning supports a variety of uses and future adaptability. The property’s unmatched exposure includes 22 feet along Locust Street, 38 feet on South 15th Street, and over 108 feet along Chancellor Street. One block from both SEPTA and PATCO transit hubs, this location combines superb walkability with direct access to regional and local commuters. The building’s historic character, coupled with a full renovation in 2005, offers architectural appeal in a vibrant urban corridor lined with restaurants, luxury residences, and cultural attractions. Whether as an owner-user asset or an investment vehicle, this property delivers long-term value with frontage on one of Philadelphia’s most trafficked intersections and proximity to Rittenhouse Square, the Kimmel Center, and major corporate demand drivers.
- 24 Hour Access
- Signage
Nearby Major Retailers
Contact the Leasing Agent
1417 Locust St