1608 Walnut Street - Office Space Availability

For Lease$25.5/Sqft/Year See below for details.

1608 Walnut Street, Philadelphia, PA 19103

  • Office
  • General Office
  • 30,000 Sqft

1608 Walnut Street, Philadelphia, PA 19103 - Office Space for rent

1608 Walnut Street is located at 1608 Walnut Street in the Rittenhouse Square neighborhood, PA, Philadelphia, 19103. The Class B Office building was completed in 1980 and features a total of 228,000 Sqft. There are 7 Office spaces available for lease at 1608 Walnut Street, Philadelphia, PA, 19103, totaling 30,000 Sqft. The largest space available has 11,693 Sqft and a rental rate of $25.5/Sqft/Year.

There are 54 office spaces for lease in the Rittenhouse Square neighborhood, totaling 105,465 Sqft of available office space. The office space availability for the 19103 zip code is 2,620,065 Sqft, in 251 office spaces. The average asking office rent per sq. ft. in Rittenhouse Square is $26.5/sqft/year. For Class B office buildings the average office rate is $25.92/sqft/year.

In Rittenhouse Square, there are 11 class B office buildings. In 1980, the same year 1608 Walnut Street was built, 32 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Philadelphia, featuring 2,362,848 square feet of commercial space. At zip code level, there are 49 commercial properties, of which 47 are office buildings over 50,000 square feet.

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Nearby Properties

Details

  • Price $25.5/Sqft/Year
  • City Philadelphia
  • Neighborhood Rittenhouse Square
  • Zip Code 19103
  • Market Philadelphia
  • Property Type Office - General Office
  • Property Size 228,000 Sqft
  • Lot Size 0.59 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1980
  • Date Updated 20 Jan, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Availability

Suite Name Space Type Lease Rate Space Available
10th Floor General Office $25.5/Sqft/Year 11,693 Sqft
  • Suite 10th Floor
  • Space Type General Office
  • Total Space Available 11,693 Sqft
  • Floor 10 to 10
  • Divisible Space No
  • Min Divisible 11,693 Sqft
  • Max Contiguous 11,693 Sqft
  • Lease Rate $25.5/Sqft/Year
  • Possession Type Immediate
  • Lease Type Gross + Electric
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Joseph G. Viturello Is this you?

PernaFrederick

(215) 496-9675

Partial 13th Floor General Office $25.5/Sqft/Year 2,944 Sqft
  • Suite Partial 13th Floor
  • Space Type General Office
  • Total Space Available 2,944 Sqft
  • Floor 13 to 13
  • Divisible Space No
  • Min Divisible 2,944 Sqft
  • Max Contiguous 2,944 Sqft
  • Lease Rate $25.5/Sqft/Year
  • Possession Type Immediate
  • Lease Type Gross + Electric
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Joseph G. Viturello Is this you?

PernaFrederick

(215) 496-9675

Partial 14th Floor General Office $25.5/Sqft/Year 3,674 Sqft
  • Suite Partial 14th Floor
  • Space Type General Office
  • Total Space Available 3,674 Sqft
  • Floor 14 to 14
  • Divisible Space No
  • Min Divisible 3,674 Sqft
  • Max Contiguous 3,674 Sqft
  • Lease Rate $25.5/Sqft/Year
  • Possession Type Specific Date
  • Possession Date Wednesday, April 1, 2020
  • Lease Type Gross + Electric
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Joseph G. Viturello Is this you?

PernaFrederick

(215) 496-9675

Partial 16th Floor General Office $25.5/Sqft/Year 3,292 Sqft
  • Suite Partial 16th Floor
  • Space Type General Office
  • Total Space Available 3,292 Sqft
  • Floor 16 to 16
  • Divisible Space No
  • Min Divisible 3,292 Sqft
  • Max Contiguous 3,292 Sqft
  • Lease Rate $25.5/Sqft/Year
  • Possession Type Immediate
  • Lease Type Gross + Electric
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Joseph G. Viturello Is this you?

PernaFrederick

(215) 496-9675

Partial 17th Floor General Office $25.5/Sqft/Year 2,152 Sqft
  • Suite Partial 17th Floor
  • Space Type General Office
  • Total Space Available 2,152 Sqft
  • Floor 17 to 17
  • Divisible Space No
  • Min Divisible 2,152 Sqft
  • Max Contiguous 2,152 Sqft
  • Lease Rate $25.5/Sqft/Year
  • Possession Type Specific Date
  • Possession Date Wednesday, April 1, 2020
  • Lease Type Gross + Electric
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Joseph G. Viturello Is this you?

PernaFrederick

(215) 496-9675

Partial 7th Floor General Office $25.5/Sqft/Year 3,895 Sqft
  • Suite Partial 7th Floor
  • Space Type General Office
  • Total Space Available 3,895 Sqft
  • Floor 7 to 7
  • Divisible Space No
  • Min Divisible 3,895 Sqft
  • Max Contiguous 3,895 Sqft
  • Lease Rate $25.5/Sqft/Year
  • Possession Type Immediate
  • Lease Type Gross + Electric
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Joseph G. Viturello Is this you?

PernaFrederick

(215) 496-9675

Partial 8th Floor General Office $25.5/Sqft/Year 2,350 Sqft
  • Suite Partial 8th Floor
  • Space Type General Office
  • Total Space Available 2,350 Sqft
  • Floor 8 to 8
  • Divisible Space No
  • Min Divisible 2,350 Sqft
  • Max Contiguous 2,350 Sqft
  • Lease Rate $25.5/Sqft/Year
  • Possession Type Immediate
  • Lease Type Gross + Electric
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Joseph G. Viturello Is this you?

PernaFrederick

(215) 496-9675

FREQUENTLY ASKED QUESTIONS

How many office spaces are available at 1608 Walnut Street?

There are currently 7 office spaces in this building.

What is the largest space available at 1608 Walnut Street?

Currently, the largest rentable space at 1608 Walnut Street totals 11,693 square feet.

What is the lease rate of the largest space available?

The monthly lease rate for the largest space available at 1608 Walnut Street is $25.5/Sqft/Year$ per square foot.

What is the total square footage of 1608 Walnut Street?

1608 Walnut Street totals 228,000 square feet.

When was this property built?

1608 Walnut Street was built in 1980.

Rittenhouse Square Demographics

The average household income in zip code 19103 is $129,168, from a total of 15,177 households. In terms of employment, there are 96.91 % white-collar and 3.09 % blue-collar jobs in zip code 19103.

Population

  • Total Population12,911
  • Male Population(45.7 %) 5,896
  • Female Population(54.3 %) 7,015
  • Median Age33.80

Income/Financial

  • Average Household Income$123,345
  • Median Household Income$76,103
  • Median Income Under 25$46,457
  • Median Income 25-44$91,798
  • Median Income 45-64$101,583
  • Median Income Over 65$60,954

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Joseph G. Viturello Is this you?

PernaFrederick

(215) 496-9675

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