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Creative Office Suites in New Building
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990 Spring Garden St, Philadelphia, PA 19123

Brand new suites with generous window lines, direct parking access, and 24/7 secured entry with lobby attendant hours.

Space Size4,642 SF
Days on Market901

Property Features for 990 Spring Garden St

General Information

Standard status Active
Size 4,642 SF
Property subtype RETAIL
Lease Type Modified Gross

Site & Location

Neighborhood Callowhill

Amenities

tenant gym
secure bike room
shared conference center
24/7 secured access with lobby attendant

Building Details

Tenancy Multi

Spaces For Lease

at 990 Spring Garden St
990 Spring Garden St $24/SF/Yr
Floor Bldg
Size 4,642 SF
Type RETAIL
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
Design forward and polished 156,758sf creative oce building Brand new, move-in-ready suites that include a generous window prole with unobstructed skyline views Private and adjacent parking lot with direct access into the building The building oers a tenant gym, secure bike room, shared conference center, and 24/7 secured access with a lobby attendant during business hours Spectacular ground oor oerings include Roy Pitz Brewery, The Lucky Well Barbecue Restaurant, Kaiseki Sushi (directly in the lobby), and Location 215 Owned by Arts + Crafts Holdings as a part of their signicant portfolio within the Spring Arts area
Contact us
Listing Agency: Coldwell Banker Commercial | Philadelphia
Listed By: Jonathan Dubrow · License #RS219602
Source: Moodyscre
Added: May 13, 2024 Changed: Oct 26 Last Checked: Oct 30 at 2:43PM

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 Coldwell Banker Commercial | Philadelphia

Rey
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Investment Insights

Based on property information with market context.

This design-forward creative office building offers brand new, move-in-ready suites with a generous window profile and unobstructed skyline views. Suites benefit from private and adjacent parking lot access with direct entry into the building.

On-site amenities include a tenant gym, a secure bike room, and a shared conference center. The building also provides 24/7 secured access, with a lobby attendant during business hours.

Ground floor offerings include Roy Pitz Brewery, The Lucky Well Barbecue Restaurant, Kaiseki Sushi directly in the lobby, and Location 215, supported by the property’s location within the Spring Arts area.

Key Highlights

  • 156,758 SF creative office building with brand new, move‑in‑ready suites
  • Suites feature generous window profile with unobstructed skyline views
  • Private and adjacent parking lot with direct access into the building

Property Analytics

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

Current Use

Spring Garden Capital ... Bank Control Lab (Spring ... Gym & Fitness Center Motel Fried Chicken ... Restaurant National Clearinghouse for the Defense ... Charitable Organization Granum A/I Architect

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop Kitchen & Bath Showroom Plumbing Service Electrical 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,285
Businesses Nearby

Demographics for 19123, PA

18,793
Population
10,636
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
14,456
Density / Sq Mi
$95,872
Median Household Income
$73,760
Median Earnings
$1,687
Median Rent
$544,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Philadelphia, PA

$21.96 /SF/Yr
Avg Asking Price
$6.31–$72 /SF/Yr
Price Range
13,937 SF
Avg Space Size

This space is priced 9% above the average of $21.96 /SF/Yr.

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 unit - Brand new suites with generous window lines, direct parking access, and 24/7 secured entry with lobby attendant hours.
Where is this office unit located?
The property is located at 990 Spring Garden St Philadelphia, PA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 156,758 SF creative office building with brand new, move‑in‑ready suites; Suites feature generous window profile with unobstructed skyline views; Private and adjacent parking lot with direct access into the building
(856) 889-6796 Call to check price and availability
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