Property profile

1500 Tower St Philadelphia, PA 19102

OFF-MARKET
Office Spaces
22,495 SF
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Property summary

AI-generated overview

This Class A, 22,495 square foot office building at 1500 Market Street, East Tower, 12th Floor, in Philadelphia, PA 19102, offers a variety of flexible workspace solutions. Located in the heart of Philadelphia's Middle City East, this property boasts 350 suites, with 5,970 square feet currently vacant. The building underwent renovations in 2019 and features modern amenities including elevators. Space is divisible down to a minimum of 10 square feet, with a maximum contiguous space of 1,300 square feet. The building's prime location offers easy access to multiple public transportation routes and I-676. Its proximity to City Hall and other major landmarks makes it an ideal location for businesses of all sizes. Available options include private, fully furnished and equipped offices, ranging from single-person spaces to larger suites tailored to specific company needs. Additional services may include serviced offices, custom office spaces, disaster recovery spaces, day offices, and a benefits program with exclusive discounts and procurement support. This prestigious address within the striking Clothespin building provides a bright, productive environment with an impressive lobby and light-filled offices.

Property profile

Verified
Property type Office Spaces
Total area 22,495 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising
  • Advertising Agency Marketing & Advertising

Location

1500 Tower St Philadelphia, PA 19102
Philadelphia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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