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15-Story Center City Office Building
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1420 Walnut St, Philadelphia, PA 19102

15-story office building with 24/7 access, on-site security, and recently redeveloped lobby and first-floor hallway.

Property Size450 SF
Days on Market697

Property Features for 1420 Walnut St

General Information

Standard status Active
Size 450 SF
Property subtype OFFICE

Building Details

Stories 15
Building Size 108,000 SF
Listing Agency: M.S. Fox Real Estate
Listed By: Scott Lewis
Source: Moodyscre
Added: Sep 3, 2024 Changed: Jul 29 Last Checked: Jul 31 at 4:56AM

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 M.S. Fox Real Estate

Investment Insights

Based on property information with market context.

1420 Walnut Street is a 15-story office building totaling 108,000 square feet. The property offers 24/7 access seven days a week, with building security and an on-site engineer. Ownership has recently invested significant capital into the redevelopment of the building’s lobby and first-floor hallway.

The building is located in the heart of Philadelphia’s Center City district and is adjacent to the Avenue of the Arts. It is within walking distance of City Hall and the court system, and it sits within two blocks of numerous restaurants and shops.

For tenants seeking a staffed, secured office environment with ongoing improvements to public areas, the building’s redeveloped entry and first-floor circulation support day-to-day operations.

Key Highlights

  • 15‑story office building totaling 108,000 SF in the Center City district
  • 24/7 access, seven days a week
  • On‑site building security and engineer

Property Analytics

Current Use

The Rothenberg Law Firm ... Law Firm Neil Shukovsky, Esq. Law Firm J & K Professional ... Employment Agency Stampone Law Law Firm Steven J. Fromm ... Law Firm

Suggested Use

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

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

25,174
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 - 15-story office building with 24/7 access, on-site security, and recently redeveloped lobby and first-floor hallway.
Where is this office building located?
The property is located at 1420 Walnut St Philadelphia, PA.
What are key features of this property?
This property features: 15‑story office building totaling 108,000 SF in the Center City district; 24/7 access, seven days a week; On‑site building security and engineer
(215) 568-8000 Call to check price and availability
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