Search
Center City Office and Retail
For Lease
Contact for pricing

1601 Market St, Philadelphia, PA 19103

Mixed office and retail building features a modern lobby, indoor air quality with MERV 13+, and underground parking access.

Property Size20,167 SF
Days on Market1263

Property Features for 1601 Market St

General Information

Standard status Active
Size 20,167 SF
Property subtype OFFICE

Amenities

conference center
tenant lounge
direct concourse access to regional rail
tenant-only fitness center
indoor air quality (MERV 13+)
secure bike storage
fast modernized elevator systems
interconnecting stairwells
on-site 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 28 Last Checked: Jul 29 at 2:29PM

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 mixed-use environment designed for office and retail with a contemporary, redesigned lobby. The building includes high-rise office floors with interconnecting stairwells, secure bike storage, fast modernized elevator systems, and indoor air quality with MERV 13+ filtration. Amenities include a modern lobby with security and desk attendants, on-site restaurant and retail, and on-site child care.

The property also provides short, direct concourse access to regional rail. Underground access to parking is available.

Additional planned improvements are noted, including a new conference center and a tenant lounge.

Key Highlights

  • Modern lobby with honed marble floors and redesigned contemporary reception area
  • Indoor air quality filtration rated MERV 13+
  • Short, direct concourse access to regional rail

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Mixed office and retail building features a modern lobby, indoor air quality with MERV 13+, and underground parking access.
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: Modern lobby with honed marble floors and redesigned contemporary reception area; Indoor air quality filtration rated MERV 13+; Short, direct concourse access to regional rail
(215) 399-1817 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message