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Second-Floor Office Units
New
For Lease
$8,000/Mo

53 E Armat Street 2nd Floor, Philadelphia, PA 19144

Open-plan workspace includes a conference center, private offices, and flexibility for subdivision.

Space Size7,961 SF
Days on Market2

Property Features for 53 E Armat Street 2nd Floor

General Information

Standard status Active
Size 7,961 SF

Space & Availability

Divisible Yes
Floor 2
Space Use Office
Condition Move-in Ready
Available From Immediate

Additional Details

Public Transit Yes

Building Details

Year Built 1940
Listing Agency: KW Empower
Listed By: Michael John Patterson
Source: Kandorre
Added: Aug 16 Changed: Aug 17 Last Checked: Aug 17 at 5:19PM

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

Investment Insights

Based on property information with market context.

The second floor provides approximately 7,961 square feet of professional office space with an expansive open layout suited to cubicles or workstations. A dedicated conference center supports meetings and training, while multiple private offices provide separate areas for management or specialized departments. The space is available move-in ready and may be subdivided for users with more specific size requirements.

Located in Germantown, the property offers access to public transportation and major roadways. The office space is within a building constructed in 1940 and combines collaborative workspace with enclosed offices and meeting facilities.

Key Highlights

  • Approximately 7,961 square feet of second‑floor office space
  • Expansive open floor plan for cubicles or workstations
  • Dedicated conference center for meetings and training

Property 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
$1.81 /SF/Yr
CAM

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

Market

Lease Benchmarks for Philadelphia, PA

$21.14 /SF/Yr
Avg Asking Price
$6.31–$47.14 /SF/Yr
Price Range
12,164 SF
Avg Space Size

This space is priced 43% below the average of $21.14 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Open-plan workspace includes a conference center, private offices, and flexibility for subdivision.
Where is this office units located?
The property is located at 53 E Armat Street 2nd Floor Philadelphia, PA.
What is the lease rate?
The lease rate is $8,000/Mo.
What are key features of this property?
This property features: Approximately 7,961 square feet of second‑floor office space; Expansive open floor plan for cubicles or workstations; Dedicated conference center for meetings and training
More about this property
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