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Office Building with Patio Restaurant
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1600 Market St, Philadelphia, PA 19103

Ground-level restaurant with an outdoor patio plus a common-area WiFi lounge inside a 4,141 SF office building.

Property Size4,141 SF
Days on Market1261

Property Features for 1600 Market St

General Information

Standard status Active
Size 4,141 SF
Property subtype OFFICE

Space & Availability

Floor Ground
Space Use Restaurant

Additional Details

Patio Yes

Amenities

Common Area WiFi Lounge
Ground-Level Restaurant with Outdoor Patio
Elixr Coffee Bar
Sweeping views of Philadelphia's iconic cityscapes & landmarks, in every direction.
Highest standards of indoor air quality
Increased frequency of cleaning and disinfecting of common areas
Ongoing cleaning and disinfecting within tenant suites
Listing Agency: JLL | Philadelphia
Listed By: Alex Breitmayer · License #RS319028
Source: Moodyscre
Added: Feb 16, 2023 Changed: Jul 30 Last Checked: Jul 31 at 4:10AM

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.

This office building features a ground-level restaurant with an outdoor patio, along with a common-area WiFi lounge. An in-building coffee concept, Elixr Coffee Bar, is also noted.

The property’s interior operations emphasize indoor air quality, with increased frequency of cleaning and disinfecting of common areas. Ongoing cleaning and disinfecting is also described within tenant suites. The remarks further indicate sweeping views of Philadelphia’s iconic cityscapes and landmarks.

With a total size of 4,141 SF, this offering is best suited for tenants seeking an office environment that includes accessible food and beverage amenities on the ground level, supported by focused cleaning and indoor air quality practices.

Key Highlights

  • 4,141 SF office building at 1600 Market St, Philadelphia, PA 19103
  • Ground‑level restaurant with outdoor patio
  • Common Area WiFi Lounge

Property Analytics

Current Use

PNC Mortgage Loan Service Angela M. Ducker, ... Accounting Firm Francis Mailman Soumilas, ... Law Firm Meyerson & Miller Attorneys ... Law Firm Zarella Law Office ... 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 19103, PA

28,717
Population
20,064
Households
1.4
Avg Household Size
36
Median Age
81%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
47,862
Density / Sq Mi
$97,940
Median Household Income
$76,680
Median Earnings
$1,955
Median Rent
$551,700
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 - Ground-level restaurant with an outdoor patio plus a common-area WiFi lounge inside a 4,141 SF office building.
Where is this office building located?
The property is located at 1600 Market St Philadelphia, PA.
What are key features of this property?
This property features: 4,141 SF office building at 1600 Market St, Philadelphia, PA 19103; Ground‑level restaurant with outdoor patio; Common Area WiFi Lounge
(215) 399-1813 Call to check price and availability
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