Retail Space with Office
For Lease
$25 SF/Yr
3645 LANCASTER AVENUE 47, Philadelphia, PA 19104
The space is currently built out for office use and includes an additional basement area.
Space Size1,789 SF
Days on Market13
Property Features for 3645 LANCASTER AVENUE 47
General Information
Standard status
Active
Size
1,789 SF
Net Rentable
1,789 SF
Property subtype
Retail
Lease Type
NNN
Space & Availability
Available Space
1,789 SF
Contiguous Space
1,789 SF
Space Use
Office
Lease Terms
Lease Rate
$25 /USD/SF/YR
Monthly Rent
$3,727
Rent per SF/Year
$25
Building Details
Year Built
1900
Listing Agency:
Mallin Panchelli Nadel Realty Inc
(215) 413-4900
Listed By:
Veronica Gintel Blum · License #RS290724
(215) 413-4900
Source:
Patmckennarealtors
Added: Aug 12
Changed: Aug 14
Last Checked: Aug 23 at 8:13AM
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 Mallin Panchelli Nadel Realty Inc
Investment Insights
Based on property information with market context.
Unit 1 at 3645-47 Lancaster Avenue provides 1,789 +/- SF of commercial space with an additional 222 +/- SF basement. The interior is currently configured as office space within a building constructed in 1900. The source information identifies neighborhood market, light retail, fitness, and medical office as potential use concepts.
The property is positioned behind the University City development along Market Street, a project comprising 10.5 million square feet across 15 existing and 10 newly constructed buildings. The surrounding development includes multifamily, office, and laboratory space, with a hotel tower planned. Across the Schuylkill River from Center City, University City includes the University of Pennsylvania, Drexel University, Saint Joseph's University, related medical and research institutions, and 30th Street Station.
The property is positioned behind the University City development along Market Street, a project comprising 10.5 million square feet across 15 existing and 10 newly constructed buildings. The surrounding development includes multifamily, office, and laboratory space, with a hotel tower planned. Across the Schuylkill River from Center City, University City includes the University of Pennsylvania, Drexel University, Saint Joseph's University, related medical and research institutions, and 30th Street Station.
Key Highlights
- Unit 1 contains 1,789 +/- SF plus a 222 +/- SF basement
- Currently configured as office space
- Potential concepts include neighborhood market, light retail, fitness, and medical office
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,231
Businesses Nearby
Explore this area
Business Placement
Demographics for 19104, PA
56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
Median Home Value
Market
Lease Benchmarks for Philadelphia, PA
$25.38 /SF/Yr
Avg Asking Price
$7.96–$100 /SF/Yr
Price Range
7,283 SF
Avg Space Size
This space is priced 2% below the average of $25.38 /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?
Retail space - The space is currently built out for office use and includes an additional basement area.
Where is this retail space located?
The property is located at 3645 LANCASTER AVENUE 47 Philadelphia, PA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Unit 1 contains 1,789 +/- SF plus a 222 +/- SF basement; Currently configured as office space; Potential concepts include neighborhood market, light retail, fitness, and medical office
