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First-Floor Medical Office Space
For Lease
$14,400/Mo CAM $66 /USD/MO

7516 CITY Avenue, Philadelphia, PA 19151

CommercialLease, PHILADELPHIA, PA

Space Size575 SF
Lot Size0.51 Acres
Days on Market49

Property Features for 7516 CITY Avenue

General Information

Property type Other
Property subtype Office
Parking 40
Parking features Parking Lot
Subdivision OVERBROOK PARK
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Lot size 0.51 Acres

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

Central Air

Building Details

Year built 1963
Building materials Block
Listing Agency: Herbert Yentis & Company-Philadelphia
Listed By: Jeffrey B Goldstone · License #RM426190
Added: Jul 28 Changed: Aug 19 Last Checked: Sep 14 at 10:06AM
MLS# PAPH2653006

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 575-square-foot first-floor suite is located within a medical and office building constructed in 1963. The block building has forced-air heating, central air conditioning, and a dedicated parking lot. The property occupies 0.51 acres and offers ample free parking for occupants and visitors.

The building is situated on City Avenue in Philadelphia, adjacent to CVS, Aldi, and a shopping center. SEPTA bus service is available at the corner, providing nearby public transportation access. The combination of a ground-level layout, climate control, on-site parking, and surrounding retail services supports medical or office occupancy.

Key Highlights

  • 575‑square‑foot first‑floor suite in a medical and office building
  • Central air conditioning and forced‑air heating
  • Ample free parking with on‑site parking lot

Property Analytics

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Current Use

Fanny Doctor: Dr. ... Physician Neil S. Rapoport, ... Physician Dr. Michael Karliner Physician Philadelphia Podiatry Associates Medical Clinic David G. Geltzer, ... Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop Big Box & Wholesale Store Nail Salon

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
$45.08 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

891
Businesses Nearby
Under-served
Demand for This Use

Demographics for 19151, PA

30,394
Population
15,084
Households
2
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
2.4 sq mi
ZIP Area
12,664
Density / Sq Mi
$58,046
Median Household Income
$42,504
Median Earnings
$1,167
Median Rent
$181,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Philadelphia, PA

$26.11 /SF/Yr
Avg Asking Price
$21.17–$42.51 /SF/Yr
Price Range
19,034 SF
Avg Space Size

This space is priced 1051% above the average of $26.11 /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?
Medical Office Space - Ground-level suite in a medical office building with central air, parking, and nearby retail amenities.
Where is this medical office space located?
The property is located at 7516 CITY Avenue Philadelphia, PA.
What is the lease rate?
The lease rate is $14,400/Mo.
What are key features of this property?
This property features: 575‑square‑foot first‑floor suite in a medical and office building; Central air conditioning and forced‑air heating; Ample free parking with on‑site parking lot
More about this property
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