33 S. 16th Street
Retail | 9,510 SqFt
Marketing description
The Rittenhouse shopping corridor is located at the convergence of Philadelphia’s most affluent residential population in Rittenhouse Square and is two blocks south of the Central Business District. The long-established trade area is home to Philadelphia’s top downtown retail brands such as Apple, Tiffany, Anthropology, rag & bone, Lululemon, and Rolex. In addition to shopping, Rittenhouse Row offers dining from several James Beard Award-winning restauranteurs including Stephen Starr, Michael Solomonov, and Greg Vernick. With access to multiple means of transit and a highly active residential population, Rittenhouse Square will continue to be the top dwelling destination in the city.
33 S. 16th Street offers everything a retailer wants: full building identity, flexible layouts, and immediate occupancy. This is a rare opportunity to obtain all three of these features on Philadelphia's highest trafficked retail block. The storefront width, column spacing, and ceiling heights are attractive for all future users. The layout also allows for leasing flexibility in that the floor plates can be split should multiple users be interested in different levels. The building was substantially renovated–including all new mechanicals–in 2019.
Investment highlights
- Flagship Building for Lease (Demisable)
- Situated at the City's Highest-trafficked Intersection
- The Building is Elevator Served
- Substantial Renovations in 2019 Inclusive of New Mechanicals.
- Property Type: Downtown Commercial
- Opa Number: 882103500
- Year Built: 1964
- Number of Stories: 3 (Elevator Served)
- Total Lot Sf: 3,600 Sf
- Total Building Sf: 9,510 Sf
- Zoning: Cmx-5
- Historic: No
- Registered Community Org: Center City Residents Association (CCRA)
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