Property profile

121 Broad St Philadelphia, PA 19107

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

This exceptional Class A office space, located on the 18th floor at 121 S Broad Street (corner of Broad and Sansom Streets), offers flexible short-term leasing options until December 2025. Ideal for businesses needing temporary office solutions or supplemental workspace, this Center City location provides immediate access to the vibrant heart of Philadelphia. The space is part of a multi-tenant building and shares the 18th floor with an established law firm, offering a professional and collaborative environment. Amenities include two shared conference rooms, a convenient kitchenette, a reception area, and high-speed internet and telecom services. Common bathrooms are located in the hallway. Building security features include a doorman in the main lobby and key fob access for all guests. The available space is highly adaptable, allowing tenants to customize their layout by combining offices, desks, and file areas to meet their specific needs. This is a unique opportunity to secure premium office space in a prime location with a short-term commitment. The building does not offer on-site parking, but the location provides easy access to public transportation. Elevators are available within the building.

Property profile

Verified
Property type Office Spaces

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
  • Law Firm
  • Law Firm
  • Law Firm
  • Bank Loan Service
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

121 Broad St Philadelphia, PA 19107
Philadelphia metro
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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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