Office Building with Basement
For Lease
Contact for pricing
1700-1702 Race St, Philadelphia, PA 19103
Basement storage plus new HVAC and advanced electrical upgrades; easy access to Vine Street Expressway and Suburban Station.
Property Size4,225 SF
Days on Market72
Property Features for 1700-1702 Race St
General Information
Standard status
Active
Size
4,225 SF
Property subtype
OFFICE
Lease Type
SF/yr
Site & Location
Highway Access
Yes
Public Transit
Yes
Amenities
basement storage
new HVAC system
advanced electrical systems
Listing Agency:
Newmark | Philadelphia
(215) 864-0600
Listed By:
James P. Mullarkey
Source:
Moodyscre
Added: May 21
Changed: Jul 30
Last Checked: Jul 31 at 6:24AM
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 Newmark | Philadelphia
Investment Insights
Based on property information with market context.
1700-1702 Race St offers office space in an office building setting with basement storage available. The property area is 4,225 SF, providing a defined footprint for an office tenant.
Planned improvements include installation of a new HVAC system and advanced electrical systems designed to improve energy efficiency and tenant comfort. The building also provides easy access to 676 - Vine Street Expressway.
For commuting and transit access, the property is just blocks from Suburban Station on the SEPTA Regional Rail network, supporting tenant and staff travel needs.
Planned improvements include installation of a new HVAC system and advanced electrical systems designed to improve energy efficiency and tenant comfort. The building also provides easy access to 676 - Vine Street Expressway.
For commuting and transit access, the property is just blocks from Suburban Station on the SEPTA Regional Rail network, supporting tenant and staff travel needs.
Key Highlights
- 4,225 SF office building at 1700‑1702 Race St, Philadelphia, PA 19103
- Basement storage available
- New HVAC system to be installed
Property Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.93 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
23,613
Businesses Nearby
Explore this area
Business Placement
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
This space is priced 10% above the average of $17.74 /SF/Yr.
Vacancy Rate% for Office in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Basement storage plus new HVAC and advanced electrical upgrades; easy access to Vine Street Expressway and Suburban Station.
Where is this office building located?
The property is located at 1700-1702 Race St Philadelphia, PA.
What is the lease rate?
The lease rate is $19.50 SF/Yr.
What are key features of this property?
This property features: 4,225 SF office building at 1700‑1702 Race St, Philadelphia, PA 19103; Basement storage available; New HVAC system to be installed
