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Prime Office Space Near Parkway
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1601-1645 Cherry St, Philadelphia, PA 19102

High-profile office space with panoramic views and easy access.

Property Size1,198 SF
Days on Market108

Property Features for 1601-1645 Cherry St

General Information

Standard status Active
Size 1,198 SF
Property subtype office
Listing Agency: Philadelphia
Listed By: Alex Breitmayer · License #RS319028
Source: Property.jll
Added: Apr 15 Changed: Jul 10 Last Checked: Jul 31 at 3:02AM

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 Philadelphia

Investment Insights

Based on property information with market context.

Located near Logan Circle on Benjamin Franklin Parkway, this office space at 3 Parkway offers convenient access via car from I-676, with an entrance just three blocks away. Affordable parking is available one block away at the Sheridan Hotel, and the Suburban Station Concourse entrance is also one block away. The property features unobstructed panoramic views and highly efficient floor plates with an excellent ratio of perimeter to interior space. It provides quick access to public transportation and area amenities. The property has been annually awarded an Energy Star since 2008. The available space is 1198 square feet.

Key Highlights

  • Unobstructed panoramic views
  • High profile location near Logan Circle on Benjamin Franklin Parkway
  • Quick access to public transportation (Suburban Station Concourse 1 block away)

Property Analytics

Current Use

Thermo Fisher Scientific Corporate Office

Suggested Use

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

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

24,727
Businesses Nearby

Demographics for 19102, PA

7,568
Population
4,606
Households
1.6
Avg Household Size
32
Median Age
87%
College-Educated
98%
High-School Grad
0.2 sq mi
ZIP Area
37,840
Density / Sq Mi
$114,844
Median Household Income
$79,552
Median Earnings
$2,249
Median Rent
$412,200
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 - High-profile office space with panoramic views and easy access.
Where is this office units located?
The property is located at 1601-1645 Cherry St Philadelphia, PA.
What are key features of this property?
This property features: Unobstructed panoramic views; High profile location near Logan Circle on Benjamin Franklin Parkway; Quick access to public transportation (Suburban Station Concourse 1 block away)
More about this property
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