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Office Building with Subway Concourse Access
For Lease
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1500 Market St, Philadelphia, PA 19102

Office building with direct concourse access to major transit lines and structured parking, plus covered secure bicycle parking.

Property Size23,027 SF
Days on Market1115

Property Features for 1500 Market St

General Information

Standard status Active
Size 23,027 SF
Total Parking Spaces 450
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 30 Last Checked: Jul 30 at 6:02AM

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 SEPTA Subway, Regional Rail lines, and the PATCO high-speed line. The property is supported by structured, on-site parking, including a 450-car parking garage. Covered, secure bicycle parking is also available.

The building’s tenant environment includes well-known operators such as Starbucks and Dunkin Donuts, a Nuts To You store, and FedEx with a manned transaction counter. Financial services are present with Santander Bank and its ATM machines, along with an OceanFirst Bank branch.

Additional on-site amenities include third-party daycare. With 23,027 SF of space, the property can support office users seeking convenient transit access and established services within the building.

Key Highlights

  • Direct concourse access to SEPTA Subway, Regional Rail lines, and PATCO high‑speed line
  • 450‑car parking garage on site
  • 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 building with direct concourse access to major transit lines and structured parking, plus covered secure bicycle parking.
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 SEPTA Subway, Regional Rail lines, and PATCO high‑speed line; 450‑car parking garage on site; Covered, secure bicycle parking
(215) 561-8946 Call to check price and availability
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