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Office Building with Unobstructed Views
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1601-1645 Cherry St, Philadelphia, PA 19102

Efficient office floor plates and major lobby and common-area renovations at a high-profile Parkway location.

Space Size6,121 SF
Days on Market1785

Property Features for 1601-1645 Cherry St

General Information

Standard status Active
Size 6,121 SF
Property subtype OFFICE

Site & Location

Neighborhood Center City
Highway Access Yes

Amenities

tenant lounge
panoramic views

Spaces For Lease

at 1601-1645 Cherry St
Three Parkway AVAILABLE, Now
Floor 1
Size 6,121 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- 3 Parkway provides the best of both worlds in terms of easy - Access. Via car from I-676 which has an entrance 3 blocks away and with affordable parking 1 block away at the Sheridan Hotel, and the Suburban Station Concourse with an entrance 1 block away. This prime location has all the necessary ingredients for attracting and retaining talent. - High profile location near Logan Circle on Benjamin Franklin Parkway - Unobstructed panoramic views - Quick access to public transportation, area amenities and parking - Highly efficient floor plates with excellent ratio of perimeter to interior space - Annually awarded an Energy Star since 2008 - Major renovations include: full lobby update, tenant lounge, new common corridors and bathrooms
Contact us
Listing Agency: JLL | Philadelphia
Listed By: Alex Breitmayer · License #RS319028
Source: Moodyscre
Added: Dec 10, 2021 Changed: Oct 25 Last Checked: Oct 30 at 5:24PM

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 JLL | Philadelphia

Rey
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Investment Insights

Based on property information with market context.

3 Parkway (1601–1645 Cherry St) is an office building offering highly efficient floor plates with an excellent ratio of perimeter to interior space. The property includes major renovations such as a full lobby update, tenant lounge, new common corridors, and renovated common bathrooms.

The building is described as having high-profile placement near Logan Circle on Benjamin Franklin Parkway, with unobstructed panoramic views. Access by car is available via I-676, with an entrance noted 3 blocks away, and parking noted nearby at the Sheridan Hotel. Public transportation access is described as quick via the Suburban Station Concourse, with an entrance noted 1 block away.

The building has been annually awarded an Energy Star since 2008, supporting its energy performance record.

Key Highlights

  • High‑profile office location near Logan Circle on Benjamin Franklin Parkway
  • Unobstructed panoramic views
  • Annual Energy Star award since 2008

Property Analytics

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

Yes
Highway access
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Efficient office floor plates and major lobby and common-area renovations at a high-profile Parkway location.
Where is this office building located?
The property is located at 1601-1645 Cherry St Philadelphia, PA.
What are key features of this property?
This property features: High‑profile office location near Logan Circle on Benjamin Franklin Parkway; Unobstructed panoramic views; Annual Energy Star award since 2008
(215) 399-1813 · Office Call to check price and availability
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