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Office Building Ground Lease
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667-77 N Broad Street, Philadelphia, PA 19123

1912-built office building with 65% leased space and additional vacant area for new ownership or tenanting options.

Property Size58,900 SF
Days on Market9

Property Features for 667-77 N Broad Street

General Information

Standard status Active
Size 58,900 SF
Property subtype Retail, Office, Mixed Use
Occupancy 65%

Building Details

Year Built 1912
Buildings 1
Building Size 58,900 SF
Tenancy Multi
Listing Agency: MPN Realty, Inc.
Listed By: Dennis Carlisle · License #RS330429
Source: Crexi
Added: Jul 23 Changed: Jul 29 Last Checked: Jul 30 at 2:00PM

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 MPN Realty, Inc.

Investment Insights

Based on property information with market context.

MPN Realty Inc is proud to present the ground lease at the Studebaker Building, a 58,900 square foot office building located at 667-77 N. Broad Street in Philadelphia. Built in 1912, the property includes a mix of leased and currently vacant space.

The Studebaker Building is situated on the North Broad Street Corridor, an area described as rapidly redeveloping. Currently, the building is 65% leased by strong credit tenants, with the remaining space available. The vacant portion is listed for lease, and it could also be utilized by a new owner-operator.

Zoning is described as generous, adding to the property’s flexibility as buyer or tenant needs evolve. The Studebaker Building’s distinctive character and established presence on the corridor make it a notable option for interested parties evaluating an office ground lease opportunity.

Key Highlights

  • 58,900 SF office building offered via a ground lease
  • 667‑77 N. Broad Street, Philadelphia, PA 19123
  • 65% leased by strong credit tenants

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store Plumbing Service Home Appliance Store Veterinary Clinic

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

65%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,284
Businesses Nearby

Demographics for 19123, PA

18,793
Population
10,636
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
14,456
Density / Sq Mi
$95,872
Median Household Income
$73,760
Median Earnings
$1,687
Median Rent
$544,700
Median Home Value

Market

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 - 1912-built office building with 65% leased space and additional vacant area for new ownership or tenanting options.
Where is this office building located?
The property is located at 667-77 N Broad Street Philadelphia, PA.
What are key features of this property?
This property features: 58,900 SF office building offered via a ground lease; 667‑77 N. Broad Street, Philadelphia, PA 19123; 65% leased by strong credit tenants
(215) 805-8620 Call to check price and availability
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