Search
Renovated Office Space Available
For Lease
Contact for pricing

1624-1628 Locust St, Philadelphia, PA

Class A office space with modern amenities for rent.

Space Size5,400 SF - 7,351 SF
Lot Size0.17 Acres
Days on Market334

Property Features for 1624-1628 Locust St

General Information

Standard status Active
Size 5,400 SF - 7,351 SF
Lot size 0.17 Acres
Property subtype OFFICE

Site & Location

Neighborhood Center City

Spaces For Lease

at 1624-1628 Locust St Contact us

1624 - 1628 Locust St AVAILABLE, Now

Floor 1
Size 5,400 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Rare opportunity for retail space one block from Rittenhouse Square. - 5,400 +/- SF 1st floor - 6,000 +/- SF lower level - 12’ ceiling heights, multiple configurations possible with double height ceilings. - Multiple elevators can facilitate a possible roof deck - Rear loading and trash - Frontage: 58’ on Locust Street - 5 additional floors available above under new ownership - Zoning: CMX-3
Contact us

1624 - 1628 Locust St AVAILABLE, Now

Floor LL
Size 6,000 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Rare opportunity for retail space one block from Rittenhouse Square. - 5,400 +/- SF 1st floor - 6,000 +/- SF lower level - 12’ ceiling heights, multiple configurations possible with double height ceilings. - Multiple elevators can facilitate a possible roof deck - Rear loading and trash - Frontage: 58’ on Locust Street - 5 additional floors available above under new ownership - Zoning: CMX-3
Contact us

1624 Locust St $26.50/SF/Yr

Floor 2
Size 7,351 SF
Type OFFICE
Lease Type PLUS_ELECTRIC
Availability AVAILABLE, Now
Sublease No
- 1624 Locust Street located in Center City - Office Space For Lease - Fully Built floors with open space, glass offices and kitchens etc. - High Traffic Street in the Center City
Contact us

1624 Locust St $26.50/SF/Yr

Floor 3
Size 7,351 SF
Type OFFICE
Lease Type PLUS_ELECTRIC
Availability AVAILABLE, Now
Sublease No
- 1624 Locust Street located in Center City - Office Space For Lease - Fully Built floors with open space, glass offices and kitchens etc. - High Traffic Street in the Center City
Contact us

1624 Locust St $26.50/SF/Yr

Floor 4
Size 7,351 SF
Type OFFICE
Lease Type PLUS_ELECTRIC
Availability AVAILABLE, Now
Sublease No
- 1624 Locust Street located in Center City - Office Space For Lease - Fully Built floors with open space, glass offices and kitchens etc. - High Traffic Street in the Center City
Contact us

1624 Locust St $28.50/SF/Yr

Floor 5
Size 7,351 SF
Type OFFICE
Lease Type PLUS_ELECTRIC
Availability AVAILABLE, Now
Sublease No
- 1624 Locust Street located in Center City - Office Space For Lease - Fully Built floors with open space, glass offices and kitchens etc. - High Traffic Street in the Center City
Contact us
Listing Agency: M.S. Fox Real Estate
Listed By: Anthony Falcone · License #RS180794L
Source: Moodyscre
Added: Nov 24, 2025 Changed: Oct 10 Last Checked: Oct 23 at 11:27AM

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 M.S. Fox Real Estate

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Class A office space is available for immediate occupancy, ranging from 7,000 to 48,951 square feet. A full building headquarters opportunity exists. Multiple signage opportunities are available facing Locust Street. The space has been newly renovated with an updated lobby, private offices, and a communal workspace. The building features a lounge and conference center with a coffee bar on the main floor. The property is in a prime location within walking distance of over 50 restaurants and entertainment amenities, as well as SEPTA Regional Rail lines and the PATCO Speedline.

Key Highlights

  • Immediate occupancy available in Class A space, ranging from 7,000 to 48,951 SF, offering a full building HQ opportunity.
  • Prime location within walking distance to over 50 restaurants and entertainment amenities.
  • Multiple signage opportunities facing Locust Street.

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Home Appliance Store Pet Grooming Service 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
$3.97 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

21,096
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Philadelphia, PA

$21.65 /SF/Yr
Avg Asking Price
$6.31–$72 /SF/Yr
Price Range
11,093 SF
Avg Space Size

This space is priced 22% above the average of $21.65 /SF/Yr.

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 unit - Class A office space with modern amenities for rent.
Where is this office unit located?
The property is located at 1624-1628 Locust St Philadelphia, PA.
What is the lease rate?
The lease rate is $26.50 SF/Yr.
What are key features of this property?
This property features: Immediate occupancy available in Class A space, ranging from 7,000 to 48,951 SF, offering a full building HQ opportunity.; Prime location within walking distance to over 50 restaurants and entertainment amenities.; Multiple signage opportunities facing Locust Street.
(215) 568-8000 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
Why this one?
Saved