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Downtown Office Building with 24/7 Access
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1420 Walnut St, Philadelphia, PA 19102

A 15-story office building offering 24/7 access and on-site building security and engineering.

Property Size1,134 SF
Days on Market697

Property Features for 1420 Walnut St

General Information

Standard status Active
Size 1,134 SF
Property subtype OFFICE
Lease Type SF/yr

Amenities

24/7 access
building security
engineer on site

Building Details

Stories 15
Listing Agency: M.S. Fox Real Estate
Listed By: Scott Lewis
Source: Moodyscre
Added: Sep 3, 2024 Changed: Jul 27 Last Checked: Jul 30 at 7:33AM

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 St is a 15-story office building with a total size of 108,000 square feet. The ownership has recently invested in the redevelopment of the building’s lobby and first-floor hallway. Building security and an on-site engineer are also available.

The property is located in Center City and is adjacent to the Avenue of the Arts. It is within walking distance of City Hall and the court system, and it is within about two blocks of restaurants and shops.

The building provides 24/7 access seven days a week, supporting extended operations for qualified tenants.

Key Highlights

  • 15‑story office building totaling 108,000 SF
  • 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
$3.90 /SF/Yr
CAM

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

This space is priced 47% above the average of $17.74 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - A 15-story office building offering 24/7 access and on-site building security and engineering.
Where is this office building located?
The property is located at 1420 Walnut St Philadelphia, PA.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: 15‑story office building totaling 108,000 SF; 24/7 access, seven days a week; On‑site building security and engineer
(215) 568-8000 Call to check price and availability
More about this property
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