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Office Space with Private Elevators
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1 S Broad St, Philadelphia, PA 19107

Office space with private elevators and a lobby renovated in 2015, plus ample parking.

Property Size16,223 SF
Days on Market72

Property Features for 1 S Broad St

General Information

Standard status Active
Size 16,223 SF
Elevators Yes
Property subtype OFFICE
Listing Agency: Newmark | Philadelphia
Listed By: Craig J. Scheuerle
Source: Moodyscre
Added: May 21 Changed: Jul 29 Last Checked: Jul 31 at 4:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark | Philadelphia

Investment Insights

Based on property information with market context.

This office space offers a new entrance with prominent signage and private elevators on Chestnut Street. The lobby was renovated in 2015 with a new industrial modern finish.

The property is supported by ample parking and offers monument signage availability. Life science use is planned and priced on floors 3 through 8.

With 16,223 square feet of space, the building is well suited for tenants seeking an office environment with direct vertical access and recently updated common-area finishes.

Key Highlights

  • New entrance with prominent signage on Chestnut Street
  • Private elevators for tenant access
  • Lobby renovated in 2015 with an industrial modern finish

Property Analytics

Current Use

Robert Zielinski Law ... Law Firm Shainberg & Viola PC Law Firm Fine Kaplan & Black Law Firm Masonic Library & Museum ... (Bike/Boat/Book/etc) Store DMi Partners Marketing & Advertising

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Home Appliance Store Butcher 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

27,288
Businesses Nearby

Demographics for 19107, PA

17,600
Population
10,239
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
92%
High-School Grad
0.5 sq mi
ZIP Area
35,200
Density / Sq Mi
$70,382
Median Household Income
$57,694
Median Earnings
$1,691
Median Rent
$452,500
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$23.65 /SF/Yr
Avg Asking Price
$0.52–$240 /SF/Yr
Price Range
7,007 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 units - Office space with private elevators and a lobby renovated in 2015, plus ample parking.
Where is this office units located?
The property is located at 1 S Broad St Philadelphia, PA.
What are key features of this property?
This property features: New entrance with prominent signage on Chestnut Street; Private elevators for tenant access; Lobby renovated in 2015 with an industrial modern finish
(215) 246-2752 Call to check price and availability
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