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Germantown Office Space For Rent
For Lease
$28,000 NNN

53 E Armat St, Philadelphia, PA 19144

Move-in ready office space in Germantown with flexible leasing.

Space SizeContact for details
Days on Market277

Property Features for 53 E Armat St

General Information

Standard status Active

Site & Location

Neighborhood Morton

Building Details

Year Built 1940
Listing Agency: KW Empower
Listed By: Michael John Patterson
Source: Lgagne
Added: Jan 26 Changed: Oct 25 Last Checked: Oct 28 at 12:23PM

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 KW Empower

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Investment Insights

Based on property information with market context.

Located in the Germantown neighborhood of Philadelphia, 57 E. Armat Street offers approximately 16,000 square feet of professional space suitable for administrative offices, nonprofit operations, or programmatic use. The space can be subdivided into smaller areas for rent. The property is available for immediate occupancy and is maintained in excellent "as is" condition. Leasing terms are flexible, starting with a six-month initial term and continuing month-to-month thereafter. The property is offered under a triple net lease structure, with the tenant responsible for a proportional share of utilities, taxes, insurance, and operating expenses. Essential infrastructure includes HVAC, electrical, and plumbing systems. Shared parking is available. The premises are centrally located, offering convenience, affordability, and flexibility.

Key Highlights

  • Move‑in ready condition with essential infrastructure.
  • Approximately 16,000 square feet of flexible professional space, suitable for various uses.
  • Centrally located in Philadelphia’s Germantown neighborhood.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store Auto Parts Store

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

1,973
Businesses Nearby

Demographics for 19144, PA

44,481
Population
23,583
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
12,356
Density / Sq Mi
$45,727
Median Household Income
$36,020
Median Earnings
$1,110
Median Rent
$224,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Philadelphia, PA

$21.96 /SF/Yr
Avg Asking Price
$6.31–$72 /SF/Yr
Price Range
13,937 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

Frequently Asked Questions

What type of property is this?
Office unit - Move-in ready office space in Germantown with flexible leasing.
Where is this office unit located?
The property is located at 53 E Armat St Philadelphia, PA.
What is the lease rate?
The lease rate is $28,000.
What are key features of this property?
This property features: Move‑in ready condition with essential infrastructure.; Approximately 16,000 square feet of flexible professional space, suitable for various uses.; Centrally located in Philadelphia’s Germantown neighborhood.
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