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    1128 Chestnut St Philadelphia, PA 19107

    Sponsored
    For Lease
    Contact for pricing

    Executive Suites, 19K-20K SF Available

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Philadelphia office property, located at 1112-1128 Chestnut Street, offers a rare opportunity to lease high-quality executive office space. The building totals 40,000 square feet and features a flexible layout suitable for a variety of business needs. Currently, there are two contiguous spaces available for lease, ranging from 19,054 to 20,512 square feet. This presents a unique chance to secure a significant footprint in a desirable location. The space is situated on the ground floor and lower level, offering excellent street visibility and accessibility. The building boasts ample parking with 51 spaces available for tenants. The property is classified as both Executive Office and Traditional Office space, catering to diverse business styles and requirements. Situated in Philadelphia County, Pennsylvania, with a zip code of 19107, this location offers easy access to major transportation routes and a vibrant urban environment. The substantial vacant square footage of 39,566 square feet indicates significant potential for customization and expansion. This is an ideal opportunity for a company seeking a prominent presence in the heart of Philadelphia. The minimum divisible space is 19,054 square feet, providing flexibility for businesses of varying sizes. Don't miss this chance to secure your ideal office space in this prime Philadelphia location.

    Property Features for 1128 Chestnut St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF

    Unit(s) available at that property

    Space
    Lower Level
    Size
    20,512 SF
    Space
    Ground Floor
    Size
    19,054 SF

    HighLights

    • 1112‑1128 Chestnut Street, Philadelphia, PA 19107 offers 40,000 square feet of executive and traditional office space.
    • Two contiguous suites totaling 39,566 square feet are available, ranging from 19,054 to 20,512 square feet.
    • Ground floor and lower level spaces offer high visibility and accessibility.
    • 51 parking spaces are available.
    • Located in a prime Philadelphia location with easy access to major transportation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bluecat Fitness Personal Trainer Coinhub Bitcoin ATM ... Atm USAA Atm Planet Fitness Gym ChargeItSpot Kiosk

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Law Firm Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1597061
    Latitude
    39.950119

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    FAQs

    What type of property is this?
    Office Property / Space - Executive Suites, 19K-20K SF Available
    Where is this office property / space located?
    The property is located at 1128 Chestnut St Philadelphia, PA.
    What are key features of this property?
    This property features: 1112-1128 Chestnut Street, Philadelphia, PA 19107 offers 40,000 square feet of executive and traditional office space.; Two contiguous suites totaling 39,566 square feet are available, ranging from 19,054 to 20,512 square feet.; Ground floor and lower level spaces offer high visibility and accessibility.
    Request Owner's contact information
    1128 Chestnut St Philadelphia, PA 19107
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    Philadelphia, PA 19107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1128 Chestnut St Philadelphia, PA 19107
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