Building Details

Building Size 89,486 SF

Tenancy Multiple

Spaces For Lease

at 701 Market St Contact us

Available

Size

17,486 SF

Type

Office

Availability

Active

Contact us

2nd Floor

Type

Office

Availability

Active

Contact us

Listing Agency: Pernafrederick Commercial Real Estate

Listed By: Stephen P. Perna · License #RM420529 Show Phone

Source: Crexi

Added: Mar 12, 2022 Changed: Sep 3 Last Checked: Sep 4 at 6:26AM

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Investment Insights

Based on property information with market context.

Office space is available for lease at 701 Market St in Philadelphia, PA. The property is suitable for commercial real estate purposes.

Key Highlights

• For Lease

Property Analytics

Property Profile

Current Use

Trevor Pinto Financial Advisor Ross Dress for Less Clothing & Fashion Store West Chester University ... Public University Brickstone Realty Construction Company Restrooms Public Bathroom

Suggested Use

Top Pick Auto Parts Store Pet Grooming Service Veterinary Clinic Electrical Service Tanning Salon Plumbing Service

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

$3.60 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

17,142

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 19106, PA

15,190

Population

9,913

Households

1.5

Avg Household Size

39

Median Age

80%

College-Educated

96%

High-School Grad

0.9 sq mi

ZIP Area

16,878

Density / Sq Mi

$129,779

Median Household Income

$93,953

Median Earnings

$2,219

Median Rent

$528,700

Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$21.87 /SF/Yr

Avg Asking Price

$6.31–$72.22 /SF/Yr

Price Range

16,333 SF

Avg Space Size

This space is priced 10% above the average of $21.87 /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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office spaces located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office space - Office space for lease at 701 Market St, Philadelphia.

Where is this office space located?

The property is located at 701 Market St Philadelphia, PA.

What is the lease rate?

The lease rate is $24 SF/Yr.

What are key features of this property?

This property features: For Lease