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1811 Spring Garden Street

Off-Market

1811 Spring Garden Street, Philadelphia, PA 19130

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  • Property Type Office - General Office
  • Property Size 26,300 Sqft
  • Lot Size 0.36 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1989

Location

  • City Philadelphia, PA
  • Neighborhood Spring Garden
  • Zip Code 19130
  • Market Philadelphia

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 26 Feb, 2002
  • Purchase Price $600,000
  • Arm's Length
  • Buyer Name

Market Trends

Average Actual Rents in Philadelphia

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Philadelphia Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $32.12
  • 2020 Office Vacancy Rate 9.03 %
  • 2020 Office Completions (Sqft) 149,828

Philadelphia Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $317.50
  • Y-o-Y Avg. PpSF Change -8.60 %
  • 2020 Office Sales Volume $507.3M
  • 2020 Number of Transactions 7
View more Philadelphia market trends

Tax

  • Property Tax in 2021 $48,598
  • Market Value $3,471,800
  • Assessed Value $3,471,800

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 1811 Spring Garden Street?

1811 Spring Garden Street totals 26,300 square feet.

When was this property built?

1811 Spring Garden Street was built in 1989.

When was 1811 Spring Garden Street last sold?

1811 Spring Garden Street was last sold on 26 Feb, 2002.

What was the last purchase price for 1811 Spring Garden Street?

1811 Spring Garden Street was last sold for $600,000.

What is the property tax for 1811 Spring Garden Street?

The property tax for 1811 Spring Garden Street in 2021 was $48,598.

What is the market value for 1811 Spring Garden Street?

The market value for 1811 Spring Garden Street in 2021 was $3,471,800.

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