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Office Building with Secure Bike Storage
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1601 Market St, Philadelphia, PA 19103

Side-core layout with a renovated lobby, underground parking access, and on-site fitness and childcare amenities.

Space Size1,723 SF - 20,167 SF
Days on Market99

Property Features for 1601 Market St

General Information

Standard status Active
Size 1,723 SF - 20,167 SF
Class A
Property subtype office

Site & Location

Neighborhood Penn Center

Amenities

New state-of-the-art facility fully staffed, with showers, lockers, and towel and laundry service
APF conference center
Bicycle storage
Child care
Attended lobby

Spaces For Lease

at 1601 Market St Contact us
Name Size Type Rate Availability
Available Space 2,636 SF Office — 30 Days Contact us
Available Space 7,253 SF — — Immediate Contact us
Available Space 3,660 SF Office — Immediately Contact us
Available Space 6,096 SF Office — Immediately Contact us
Available Space 19,441 SF Office — Immediately Contact us
Available Space 19,441 SF Office — Immediately Contact us
Available Space 19,323 SF Office — Immediately Contact us
Available Space 20,167 SF Office — Immediately Contact us
Available Space 10,499 SF Office — Immediately Contact us
Available Space 19,923 SF Office — Immediately Contact us
Available Space 19,923 SF Office — Immediately Contact us
Available Space 2,120 SF Office — Immediately Contact us
Available Space 1,723 SF Office — Immediately Contact us
Available Space 4,787 SF Office — Immediately Contact us
Available Space 3,473 SF Office — Immediately Contact us
Listing Agency: Philadelphia
Listed By: Tom Weitzel · License #RS305596
Source: Property.jll
Added: Jul 24 Changed: Oct 26 Last Checked: Oct 28 at 4:56AM

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 Philadelphia

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Investment Insights

Based on property information with market context.

1601 Market Street presents newly designed office space within a contemporary lobby featuring honed marble floors, radiant white walls and counters, and updated lighting, along with fast, modernized elevator systems. The building also highlights indoor air quality using MERV 13+ filtration and includes secure bike storage, interconnecting stairwells on high-rise office floors, and secure lobby features with security and desk attendants. A new conference center and tenant lounge are noted as being in planning underway, alongside on-site restaurant and retail amenities and on-site child care.

The property is positioned in Center City, Philadelphia, with short and direct concourse access to regional rail and underground access to parking, supporting a convenient daily commute and streamlined building arrivals.

Key Highlights

  • Side‑core building with a renovated contemporary lobby featuring honed marble floors and redesigned counters
  • Underground access to parking with short, direct concourse access to regional rail
  • Tenant‑only fitness center plus secure bike storage

Property Analytics

Current Use

Capital 1031 Exchange Title Company Freedman & Lorry, P.C. Law Firm lawyers club of philadelphia Law Firm Klasko Immigration Law ... Law Firm Extended Care Systems (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Tanning Salon Clothing & Fashion Store (Bike/Boat/Book/etc) Store Pet Grooming Service Home Appliance Store 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

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

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

Frequently Asked Questions

What type of property is this?
Office building - Side-core layout with a renovated lobby, underground parking access, and on-site fitness and childcare amenities.
Where is this office building located?
The property is located at 1601 Market St Philadelphia, PA.
What are key features of this property?
This property features: Side‑core building with a renovated contemporary lobby featuring honed marble floors and redesigned counters; Underground access to parking with short, direct concourse access to regional rail; Tenant‑only fitness center plus secure bike storage
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