24,032 SF Retail Space Available in Former Drexel Bank Headquarters
24,032 SF retail space available in Five story prime retail space on the highly former Drexel Bank headquarters coveted corner of 15th and Walnut Streets in Center City Philadelphia Area Tenants The space was most recently used as an LA Apple, Anthropologie, Barbour, Butcher & Fitness Singer, Cheesecake Factory, Club Monaco, Coach, Diesel, The Gap, GUESS, Kenneth Cole, Lacoste, The space consists of a ground floor, Lululemon, Max Brenner, Nicole Miller, Ralph Lauren, basement, sub-basement, and two mezzanines Tiffany & Co., Urban Outfitters, Williams-Sonoma open to the ground floor Demographics Beautiful original details remain throughout such 2015 Population Estimate Center City: as high ceilings with magnificent architectural Over 183,000 residents & 294,000 workers detail and oversized windows overlooking 15th 2015 average daily pedestrian activity: 25,000 and Walnut Streets Located three blocks from Rittenhouse Square 2015 Statistics for Center City and one block from Broad Street 3,073 Center City storefronts in the heart of the city's booming commercial, 3.1 million occupied hotel room nights retail, residential, and dining district 116,000 college students 1 billion dollars in retail demand The Drexel Building, listed on the National Over 6.7 billion dollars in major construction Register of Historic Places, is a seven story projects underway building originally built between 1925 and 1927 as the headquarters for Drexel and Company Square Footage Breakdown Sub-Basement: 2,593 NNN Lease Basement: 4,776 U&O Tax: $1.42 psf Ground Floor: 5,185 Mezzanine 1: 5,893 Operating Expenses: 25.56% (est. $9.05 psf) Mezzanine 2: 5,585 Real Estate Tax and CCD Tax (2017): est.
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