733 Walnut Street , Commercial

Description

Located in the heart of Center City Philadelphia, 733 Walnut Street presents an exceptional retail leasing opportunity featuring approximately 2,000 square feet of ground-floor retail space, an additional approximately 400-square-foot mezzanine/storage area with access from the rear of the commercial space, and approximately 1,000+/- square feet of basement space for storage or additional operations. Situated on one of Philadelphia's busiest commercial corridors between Jefferson Health and Penn Medicine, this highly visible storefront benefits from outstanding pedestrian traffic, exceptional street exposure, and a strong surrounding mix of retailers, restaurants, healthcare institutions, office buildings, and residential developments. The space has been fully built out and is move-in ready, making it an excellent opportunity for retailers seeking to minimize build-out costs and open quickly. The flexible layout is well suited for a wide variety of retail, showroom, medical, wellness, beauty, specialty food, convenience, boutique, service, or professional uses permitted under CMX-5 zoning. The property is currently occupied by a retail tenant and will be available for occupancy beginning December 1, 2026. Base rent is $4,850 per month, with Tenant responsible for 20% of the annual real estate taxes (2026 amount: $348.55/month), U&O Tax ($354/month), trash fee ($41.66/month), 20% of the Old City District assessment (2026 amount: $93.55/month), and water usage based on the Tenant's business consumption. This is a rare opportunity to lease a turnkey storefront in one of Philadelphia's most desirable commercial corridors with existing improvements that can significantly reduce the time and cost required to begin operations. Contact the listing agent today for additional information or to schedule a private tour.