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Office Building with Rooftop Garden
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5 Crescent Dr, Philadelphia, PA 19112

Open-concept floor plates support collaboration with meeting and quiet rooms, with natural daylight in 90% of workspaces.

Property Size51,944 SF
Days on Market1104

Property Features for 5 Crescent Dr

General Information

Standard status Active
Size 51,944 SF
Property subtype OFFICE

Site & Location

Highway Access Yes
Public Transit Yes

Amenities

on-site café space
fitness center
central atrium
rooftop garden
parks and green space with Wi-Fi access
community recreational activities
restaurants
on-site hotel
social lounge areas
quiet rooms
Listing Agency: JLL | Philadelphia
Listed By: Ashley Parrillo · License #RS278254
Source: Moodyscre
Added: Jul 24, 2023 Changed: Jul 30 Last Checked: Jul 30 at 8:47AM

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

Investment Insights

Based on property information with market context.

Office building offering flexible, open-concept floor plates designed to accommodate workspaces and collaboration. The layout includes meeting rooms, a multipurpose room, social lounge areas, and quiet rooms, along with an on-site café space. Tenant-only, in-building fitness center amenities include cardio equipment, free weights, and space for stretching and yoga. The building’s central atrium and spiral stair encourage walking between floors and are designed to reduce reliance on elevator usage.

The property provides ample on-site parking with direct access from I-95, and there is a free transit service from SEPTA’s Broad Street Line via The Navy Yard Express Shuttle. Access to Navy Yard amenities includes parks and green space with Wi-Fi, community recreational activities, restaurants, and an on-site hotel. Natural daylight is optimized in 90% of workspaces.

Building systems and sustainability features include a ventilation system providing 30% more fresh air than required by code, ENERGY STAR-rated lighting and equipment, and an energy-efficient, high-performance glass envelope. Rated as the first double LEED Platinum building in Philadelphia, the building also features a rooftop garden with 40% vegetation that supports conferences and events up to 500 people.

Key Highlights

  • Natural daylight optimized in 90% of workspaces
  • Ventilation system provides 30% more fresh air than required by code
  • Rated as the first double LEED Platinum building in Philadelphia

Property Analytics

Current Use

Five Crescent Drive Housing Development Smithkline Beecham Corporate Office

Suggested Use

Top Pick Building Supply Pharmacy Auto Repair Shop Law Firm Garden Center Real Estate Agency

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

551
Businesses Nearby

Demographics for 19112, PA

3
Population
45
Median Age
1.8 sq mi
ZIP Area
2
Density / Sq Mi

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 - Open-concept floor plates support collaboration with meeting and quiet rooms, with natural daylight in 90% of workspaces.
Where is this office building located?
The property is located at 5 Crescent Dr Philadelphia, PA.
What are key features of this property?
This property features: Natural daylight optimized in 90% of workspaces; Ventilation system provides 30% more fresh air than required by code; Rated as the first double LEED Platinum building in Philadelphia
(215) 399-1820 Call to check price and availability
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