Listing Agency: Solo Real Estate, Inc. i***@solorealty.com

Listed By: Alejandro L Franqui · License #RS291770 Show Phone

Source: Exprealty

Added: Jun 15 Changed: Oct 23 Last Checked: Oct 24 at 8:47PM

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Investment Insights

Based on property information with market context.

First-floor office unit currently configured for architectural office use. The space includes a kitchenette, half bathroom, and mini-split systems for heating and cooling.

Key Highlights

• First‑floor office unit
• Currently configured as an architecture office
• Kitchenette and half bathroom

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Plumbing Service Clothing & Fashion Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

11,614

Businesses Nearby

Explore this area Business Placement

Demographics for 19106, PA

15,190

Population

9,913

Households

1.5

Avg Household Size

39

Median Age

80%

College-Educated

96%

High-School Grad

0.9 sq mi

ZIP Area

16,878

Density / Sq Mi

$129,779

Median Household Income

$93,953

Median Earnings

$2,219

Median Rent

$528,700

Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$21.65 /SF/Yr

Avg Asking Price

$6.31–$72 /SF/Yr

Price Range

11,093 SF

Avg Space Size

Vacancy Rate% for Office in Philadelphia, PA

14.2% 2019

14.1% 2020

16.2% 2021

19% 2022

20.5% 2023

19.6% 2024

19.7% 2025

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Frequently Asked Questions

What type of property is this?

Office unit - Office space with a kitchenette, half bathroom, and mini-split climate control.

Where is this office unit located?

The property is located at 1-2116 Locust St Philadelphia, PA.

What is the lease rate?

The lease rate is $2,525/Mo.

What are key features of this property?

This property features: First‑floor office unit; Currently configured as an architecture office; Kitchenette and half bathroom