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Modern Office Building with Fitness Center
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1601 Market St, Philadelphia, PA 19103

Updated building features a tenant-only fitness center, redesigned lobby, efficient core layout, and secure bike storage.

Property Size1,723 SF
Days on Market1264

Property Features for 1601 Market St

General Information

Standard status Active
Size 1,723 SF
Property subtype OFFICE

Amenities

conference center
tenant lounge
concourse access to regional rail
fitness center
secure bike storage
modernized elevator systems
interconnecting stairwells
restaurant and retail amenities
modern lobby with security and desk attendants
underground access to parking
on-site child care
Listing Agency: JLL | Philadelphia
Listed By: Anthony LiVecchi · License #RS305596
Source: Moodyscre
Added: Feb 13, 2023 Changed: Jul 27 Last Checked: Jul 31 at 7:34AM

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.

1601 Market Street offers a modern, mixed-use-oriented environment with an updated lobby featuring honed marble floors, radiant white walls and counters, and cutting-edge lighting. The building includes optimized space planning with a side core design, indoor air quality with MERV 13+ filtration, secure bike storage, and fast, modernized elevator systems. High-rise office floors are supported by interconnecting stairwells, and the property includes on-site restaurant and retail amenities.

Convenient transportation access is supported by short and direct concourse connections to regional rail, along with underground access to parking. The main lobby is described as modern, with security and desk attendants.

Additional amenities noted include a tenant-only fitness center and on-site child care. A new conference center and tenant lounge are listed as planned, with specific details indicated as underway.

Key Highlights

  • Sleek, redesigned contemporary lobby with honed marble floors, radiant white walls and counters, and cutting‑edge lighting
  • Indoor air quality system with MERV 13+ filtration
  • On‑site restaurant and retail amenities plus modern lobby with security and desk attendants

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

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 - Updated building features a tenant-only fitness center, redesigned lobby, efficient core layout, and secure bike storage.
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: Sleek, redesigned contemporary lobby with honed marble floors, radiant white walls and counters, and cutting‑edge lighting; Indoor air quality system with MERV 13+ filtration; On‑site restaurant and retail amenities plus modern lobby with security and desk attendants
(215) 399-1817 Call to check price and availability
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