Office Building with Unobstructed
For Lease
Contact for pricing
1601-1645 Cherry St, Philadelphia, PA 19102
Efficient office floor plates and major lobby and common-area renovations at a high-profile Parkway location.
Property Size6,121 SF
Days on Market1694
Property Features for 1601-1645 Cherry St
General Information
Standard status
Active
Size
6,121 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Amenities
tenant lounge
panoramic views
Listing Agency:
JLL | Philadelphia
(215) 399-1813
Listed By:
Alex Breitmayer · License #RS319028
Source:
Moodyscre
Added: Dec 10, 2021
Changed: Jul 26
Last Checked: Jul 31 at 5:56AM
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 JLL | Philadelphia
Investment Insights
Based on property information with market context.
3 Parkway (1601–1645 Cherry St) is an office building offering highly efficient floor plates with an excellent ratio of perimeter to interior space. The property includes major renovations such as a full lobby update, tenant lounge, new common corridors, and renovated common bathrooms.
The building is described as having high-profile placement near Logan Circle on Benjamin Franklin Parkway, with unobstructed panoramic views. Access by car is available via I-676, with an entrance noted 3 blocks away, and parking noted nearby at the Sheridan Hotel. Public transportation access is described as quick via the Suburban Station Concourse, with an entrance noted 1 block away.
The building has been annually awarded an Energy Star since 2008, supporting its energy performance record.
The building is described as having high-profile placement near Logan Circle on Benjamin Franklin Parkway, with unobstructed panoramic views. Access by car is available via I-676, with an entrance noted 3 blocks away, and parking noted nearby at the Sheridan Hotel. Public transportation access is described as quick via the Suburban Station Concourse, with an entrance noted 1 block away.
The building has been annually awarded an Energy Star since 2008, supporting its energy performance record.
Key Highlights
- High‑profile office location near Logan Circle on Benjamin Franklin Parkway
- Unobstructed panoramic views
- Annual Energy Star award since 2008
Property Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
24,727
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Efficient office floor plates and major lobby and common-area renovations at a high-profile Parkway location.
Where is this office building located?
The property is located at 1601-1645 Cherry St Philadelphia, PA.
What are key features of this property?
This property features: High‑profile office location near Logan Circle on Benjamin Franklin Parkway; Unobstructed panoramic views; Annual Energy Star award since 2008
