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1635 Market Street Office Space
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1635 Market Street, Philadelphia, PA 19103

Office space with direct access to transportation and amenities.

Property Size14,884 SF
Days on Market252

Property Features for 1635 Market Street

General Information

Standard status Active
Size 14,884 SF
Property subtype Office
Listing Agency: CBRE | Philadelphia Downtown
Listed By: George Cauffman, III
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 31 at 4:34AM

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 CBRE | Philadelphia Downtown

Investment Insights

Based on property information with market context.

Located at 1635 Market Street, formerly known as 7 Penn Center, this property is situated at the intersection of 17th and Market Streets. It provides direct access to the concourse and SEPTA high-speed rail, subway, and subway-surface systems. The building is located less than one block from the Ritz-Carlton Hotel and the Shops at Liberty Place. On-site amenities include three restaurants, a full-service bank and MAC, 24-hour security, and state-of-the-art life safety systems, including sprinklers throughout. The property offers 14,884 square feet of space.

Key Highlights

  • Direct access to SEPTA high‑speed rail, subway, and subway‑surface systems.
  • Located in the center of the action at 17th & Market Streets.
  • 24‑hour security.

Property Analytics

Current Use

Philly Drywall and Paint ... Hardware & Home Improvement Spector Gadon Rosen ... Law Firm The Law Offices Of Lenard ... Law Firm The American Board of Plastic ... Medical Clinic MIS Capital LLC Construction Company

Suggested Use

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

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

21,674
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 - Office space with direct access to transportation and amenities.
Where is this office building located?
The property is located at 1635 Market Street Philadelphia, PA.
What are key features of this property?
This property features: Direct access to SEPTA high‑speed rail, subway, and subway‑surface systems.; Located in the center of the action at 17th & Market Streets.; 24‑hour security.
More about this property
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