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Highlights
- 21,633 SF across two floors with dramatic 17' ceilings and double-height sections
- Excellent accessibility; just steps to several bus routes and City Hall Station
- Located in Philadelphia's #1 most walkable neighborhood with 21,000+ daily pedestrians
- 75' Walnut Street frontage with floor-to-ceiling glass for maximum exposure
- Surrounded by premier brands such as Tiffany's, Pandora, Rag & Bone, Warby Parker, Urban Outfitters, Glossier, and more
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,879 SF | Negotiable | $69.34 /SF/YR $5.78 /SF/MO $754,350 /YR $62,862 /MO | Triple Net (NNN) | ||
| 2nd Floor | 10,754 SF | Negotiable | $69.34 /SF/YR $5.78 /SF/MO $745,682 /YR $62,140 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 21,633 SF of adjacent space
- Dramatic Frontage
- Natural Light
- High Ceilings
2nd Floor
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 21,633 SF of adjacent space
- Double-Height Sections
- Overlook to First Floor
- Natural Light
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 | 21,633 SF | Gross Leasable Area | 21,633 SF |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Storefront |
| Total Space Available | 21,633 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 21,633 SF |
| Year Built | 1980 |
About the Property
Position your brand in Philadelphia’s most prestigious retail corridor at Rittenhouse Row. This two-story, Class A, 21,633 SF retail space offer unmatched visibility with stretching frontage on Walnut Street and accessibility in the heart of Center City's vibrant shopping district. This property is designed for brands seeking a statement location in a thriving urban environment. With existing elevator and escalator infrastructure, dramatic architectural features, and proximity to premier dining and cultural attractions, 1510 Walnut Street represents a rare opportunity to secure a presence in one of the nation’s most desirable retail corridors.
Nearby Major Retailers
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1510 Walnut St
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