Office Building with Efficient
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1601-1645 Cherry St, Philadelphia, PA 19102
Renovated office building with efficient floorplates and Energy Star recognition, featuring updated lobby, corridors, and bathrooms.
Property Size4,338 SF
Days on Market1694
Property Features for 1601-1645 Cherry St
General Information
Standard status
Active
Size
4,338 SF
Property subtype
OFFICE
Amenities
Unobstructed panoramic views
Quick access to public transportation
Area amenities and parking
Highly efficient floor plates
Excellent ratio of perimeter to interior space
Full lobby update
Tenant lounge
New common corridors and bathrooms
Listing Agency:
JLL | Philadelphia
(215) 399-1813
Listed By:
Alex Breitmayer · License #RS319028
Source:
Moodyscre
Added: Dec 10, 2021
Changed: Jul 28
Last Checked: Jul 31 at 5:26AM
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 at 1601–1645 Cherry St is a renovated office building offering highly efficient floorplates designed to deliver an excellent perimeter-to-interior space ratio. Major improvements include a full lobby update, tenant lounge, new common corridors, and updated common bathrooms.
The property is described as having easy access by car via I-676, with an entrance about three blocks away, and nearby parking options including the Sheridan Hotel one block away. It is also positioned near Suburban Station Concourse, with an entrance about one block away, and is located near Logan Circle on the Benjamin Franklin Parkway. The building’s remarks note unobstructed panoramic views.
The site is presented as a high-profile office location with quick access to public transportation, area amenities, and parking, along with an Energy Star award annually since 2008.
The property is described as having easy access by car via I-676, with an entrance about three blocks away, and nearby parking options including the Sheridan Hotel one block away. It is also positioned near Suburban Station Concourse, with an entrance about one block away, and is located near Logan Circle on the Benjamin Franklin Parkway. The building’s remarks note unobstructed panoramic views.
The site is presented as a high-profile office location with quick access to public transportation, area amenities, and parking, along with an Energy Star award annually since 2008.
Key Highlights
- High‑profile office location near Logan Circle on Benjamin Franklin Parkway
- Unobstructed panoramic views
- Quick access to public transportation and nearby parking
Property Analytics
Current Use
Lease Details
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
$23.65 /SF/Yr
Avg Asking Price
$0.52–$240 /SF/Yr
Price Range
7,007 SF
Avg Space Size
Vacancy Rate% for Office in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Office units - Renovated office building with efficient floorplates and Energy Star recognition, featuring updated lobby, corridors, and bathrooms.
Where is this office units 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; Quick access to public transportation and nearby parking
