2440 East Venango Street

Off-Market

2440 East Venango Street, Philadelphia, PA 19134

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Retail - Freestanding
  • Property Size 51,000 SF
  • Lot Size 1.93 Acre
  • Property Tenancy Vacant
  • Year Built 1930

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 16 Oct, 2018
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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.

  • 2022 Avg. Asking Rent $36.37
  • 2022 Office Vacancy Rate 9.04%
  • 2022 Office Completions (SF) 527,727

Philadelphia Office Sales Trends

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

  • 2022 Avg. Price per SF $311.43
  • Y-o-Y Avg. PpSF Change 22.09%
  • 2022 Office Sales Volume $538.3M
  • 2022 Number of Transactions 11
View more Philadelphia market trends

Location

Getting Around

  • Walk Score ®

    83/100 Very Walkable
  • Transit Score ®

    56/100 Good Transit
  • Bike Score ®

    66/100 Bikeable
Powered by Walk Score ®
  • City Philadelphia, PA
  • Neighborhood Port Richmond
  • Zip Code 19134
  • Market Philadelphia

Points of Interest

  • Tioga

    0.79 miles

  • Allegheny

    0.95 miles

  • Erie-Torresdale

    0.99 miles

  • Somerset

    1.36 miles

  • Church

    1.37 miles

  • Huntingdon

    1.63 miles

  • Shannon Cab Co.

    1.78 miles

  • Arrott Transportation Center

    1.83 miles

  • York-Dauphin

    1.93 miles

  • Bridesburg

    1.94 miles

  • Speedway

    0.21 miles

  • BP

    0.36 miles

  • Sunoco

    0.40 miles

  • Wawa

    0.56 miles

  • eVgo

    0.59 miles

  • Amera

    1.01 miles

  • Wawa

    1.54 miles

  • Liberty

    1.82 miles

  • Lukoil

    2.03 miles

  • Wawa

    2.05 miles

  • The Home Depot

    0.31 miles

  • Target

    0.37 miles

  • Lowe's

    0.45 miles

  • Philadelphia Parking Authority Impoundment Facility Lot 6

    1.69 miles

  • Saint Christopher's Hospital for Children Accessory Parking lot

    1.71 miles

  • Tacony Creek Trail Parking

    1.83 miles

  • Philadelphia Police 26th District Parking Lot

    2.11 miles

  • Tacony Creek Trail Parking

    2.23 miles

  • South Parking Lot

    2.40 miles

  • West Parking Lot

    2.43 miles

  • Dunkin' Donuts

    0.12 miles

  • Taco Bell

    0.14 miles

  • Wendy's

    0.15 miles

  • Burger King

    0.18 miles

  • KFC

    0.19 miles

  • Boston Market

    0.22 miles

  • Applebee's

    0.24 miles

  • McDonald's

    0.26 miles

  • Chick-fil-A

    0.44 miles

  • Dunkin'

    0.96 miles

  • Burlington

    0.22 miles

  • ShopRite

    0.34 miles

  • Walmart Supercenter

    0.57 miles

  • Save-A-Lot

    1.04 miles

  • ALDI

    1.04 miles

  • Save-A-Lot

    1.39 miles

  • The Richmond Shops IGA

    1.66 miles

  • Marshalls

    1.67 miles

  • Burlington

    1.69 miles

  • Sam's Super Market

    1.79 miles

Frequently Asked Questions

What is the total square footage of 2440 East Venango Street?

2440 East Venango Street totals 51,000 square feet.

When was this property built?

2440 East Venango Street was built in 1930.

When was 2440 East Venango Street last sold?

2440 East Venango Street was last sold on 16 Oct, 2018.

What is the property tax for 2440 East Venango Street?

The property tax for 2440 East Venango Street in 2023 was $25,625.

What is the market value for 2440 East Venango Street?

The market value* for 2440 East Venango Street in 2023 was $1,830,600.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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