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Office Building with Transit Concourse Access
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1500 Market St, Philadelphia, PA 19102

Office space in a transit-connected building with direct subway, rail, and PATCO access plus a 450-car parking garage.

Property Size22,494 SF
Days on Market1115

Property Features for 1500 Market St

General Information

Standard status Active
Size 22,494 SF
Property subtype OFFICE

Additional Details

Public Transit Yes

Amenities

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
Listing Agency: CBRE | Philadelphia Downtown
Listed By: Christian "Chris" L. Dyer
Source: Moodyscre
Added: Jul 13, 2023 Changed: Jul 29 Last Checked: Jul 30 at 12:35PM

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

Investment Insights

Based on property information with market context.

This office building offers direct concourse access to the EPTA Subway, Regional Rail lines, and the PATCO high-speed line. The property includes a 450-car parking garage, covered and secure bicycle parking, and a range of on-site services and retailers.

Current conveniences listed in the building include Starbucks and Dunkin Donuts, a FedEx manned transaction counter, and Santander Bank with ATM machines. There is also an on-site third-party daycare, as well as the Nuts To You store and an OceanFirst Bank branch.

With its connected interior access to multiple transit options and substantial parking, the building supports day-to-day access for office users and visitors.

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

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

Market

Lease Benchmarks for Philadelphia, PA

$17.74 /SF/Yr
Avg Asking Price
$6.7–$25 /SF/Yr
Price Range
39,657 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 building - Office space in a transit-connected building with direct subway, rail, and PATCO access plus 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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