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Transit-Connected Office and Retail
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1500 Market St, Philadelphia, PA 19102

Office and retail space with direct concourse access to regional transit lines and a 450-car parking garage.

Space Size22,995 SF
Days on Market1202

Property Features for 1500 Market St

General Information

Standard status Active
Size 22,995 SF
Property subtype OFFICE

Site & Location

Neighborhood Center City

Spaces For Lease

at 1500 Market St
1500 Market St - East Tower AVAILABLE, Now
Floor 22
Size 22,995 SF
Type OFFICE
Rate Contact for pricing
Lease Type MODIFIED_GROSS
Sublease No
- Direct concourse access to EPTA Subway, Regional Rail lines and PATCO high speed line - 450 car parking garage - Covered, secure bicycle parking - Starbucks & Dunkin Donuts - FedEx manned transaction counter - Santander Bank w/ ATM machines - Nuts To You store - On-site third party daycare - OceanFirst Bank branch
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Listing Agency: CBRE | Philadelphia Downtown
Listed By: Christian "Chris" L. Dyer
Source: Moodyscre
Added: Jul 13, 2023 Changed: Oct 26 Last Checked: Oct 24 at 8:56PM

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 CBRE | Philadelphia Downtown

Rey
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Investment Insights

Based on property information with market context.

This transit-connected commercial property offers office and retail space with direct concourse access to the EPTA Subway, Regional Rail lines, and the PATCO high-speed line. On-site amenities include a 450-car parking garage and covered, secure bicycle parking.

The property is currently anchored by multiple food and service tenants, including Starbucks and Dunkin Donuts, as well as OceanFirst Bank and Santander Bank with ATM machines. Additional on-site offerings include a FedEx manned transaction counter, Nuts To You, and an on-site third-party daycare.

With dedicated access to major transit systems and substantial parking, the building supports a wide range of daily customer and employee traffic needs.

Key Highlights

  • Direct concourse access to EPTA Subway, Regional Rail lines, and the PATCO high‑speed line
  • 450‑car parking garage
  • Covered, secure bicycle parking

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Armon Bruce D Law Firm Saul Ewing LLP Law Firm Jeffrey S. Batoff Law Firm Meigs John F Law Firm Cirillo Gregory F Law Firm

Suggested Use

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

25,789
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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

Frequently Asked Questions

What type of property is this?
Office building - Office and retail space with direct concourse access to regional transit lines and a 450-car parking garage.
Where is this office building located?
The property is located at 1500 Market St Philadelphia, PA.
What are key features of this property?
This property features: Direct concourse access to EPTA Subway, Regional Rail lines, and the PATCO high‑speed line; 450‑car parking garage; Covered, secure bicycle parking
(215) 561-8946 Call to check price and availability
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