Sovereign Building - Office Space Availability

For Lease$12.5 - $25.5/Sqft/Year See below for details.

714 Market Street, Philadelphia, PA 19106

  • Office
  • General Office
  • 144,881 Sqft

Sovereign Building, Philadelphia, PA 19106 - Office Space for rent

Sovereign Building is located at 714 Market Street in the Market East neighborhood, PA, Philadelphia, 19106. The Class B Office building was completed in 1904 and features a total of 212,000 Sqft. There are 6 Office spaces available for lease at 714 Market Street, Philadelphia, PA, 19106, totaling 144,881 Sqft. The largest space available has 35,735 Sqft and a rental rate of $25.5/Sqft/Year.

There are 48 office spaces for lease in the Market East neighborhood, totaling 794,399 Sqft of available office space. The office space availability for the 19106 zip code is 948,807 Sqft, in 56 office spaces. The average asking office rent per sq. ft. in Market East is $29.75/sqft/year. For Class A office buildings the average office rate is $33.4/sqft/year, for Class B office buildings the average office rate is $23.67/sqft/year.

In Market East, there are 7 class B office buildings. In Market East, there are a total of 2 LEED certified office buildings. In 1904, the same year Sovereign Building was built, 19 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Philadelphia, featuring 212,000 square feet of commercial space. At zip code level, there are 19 commercial properties, of which 19 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • Price $12.5 - $25.5/Sqft/Year
  • City Philadelphia
  • Neighborhood Market East
  • Zip Code 19106
  • Market Philadelphia
  • Property Type Office - General Office
  • Property Size 212,000 Sqft
  • Lot Size 1.03 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1904
  • Date Updated 25 Jun, 2020

Availability

Suite Name Space Type Lease Rate Space Available
Partial Ground Floor General Office $12.5/Sqft/Year 27,606 Sqft
  • Suite Partial Ground Floor
  • Space Type General Office
  • Total Space Available 27,606 Sqft
  • Floor From 0 To 0
  • Divisible Space No
  • Min Divisible 27,606 Sqft
  • Max Contiguous 27,606 Sqft
  • Lease Rate $12.5/Sqft/Year
  • Possession Type Immediate
  • Lease Type Gross + Electric
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

James A. Egan Is this you?

Newmark Knight Frank

(215) 246-2750

Jeffrey M. Tertel Is this you?

Newmark Knight Frank

(215) 246-2704

Matthew J. Guerrieri Is this you?

Newmark Knight Frank

(215) 246-2709

4th Floor General Office $25.5/Sqft/Year 35,215 Sqft
  • Suite 4th Floor
  • Space Type General Office
  • Total Space Available 35,215 Sqft
  • Floor From 4 To 4
  • Divisible Space No
  • Min Divisible 35,215 Sqft
  • Max Contiguous 35,215 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

James A. Egan Is this you?

Newmark Knight Frank

(215) 246-2750

Jeffrey M. Tertel Is this you?

Newmark Knight Frank

(215) 246-2704

Matthew J. Guerrieri Is this you?

Newmark Knight Frank

(215) 246-2709

5th Floor General Office $25.5/Sqft/Year 35,735 Sqft
  • Suite 5th Floor
  • Space Type General Office
  • Total Space Available 35,735 Sqft
  • Floor From 5 To 5
  • Divisible Space No
  • Min Divisible 35,735 Sqft
  • Max Contiguous 35,735 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

James A. Egan Is this you?

Newmark Knight Frank

(215) 246-2750

Jeffrey M. Tertel Is this you?

Newmark Knight Frank

(215) 246-2704

Matthew J. Guerrieri Is this you?

Newmark Knight Frank

(215) 246-2709

Partial 1st Floor General Office $25.5/Sqft/Year 4,500 Sqft
  • Suite Partial 1st Floor
  • Space Type General Office
  • Total Space Available 4,500 Sqft
  • Floor From 1 To 1
  • Divisible Space No
  • Min Divisible 4,500 Sqft
  • Max Contiguous 4,500 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

James A. Egan Is this you?

Newmark Knight Frank

(215) 246-2750

Jeffrey M. Tertel Is this you?

Newmark Knight Frank

(215) 246-2704

Matthew J. Guerrieri Is this you?

Newmark Knight Frank

(215) 246-2709

Partial 2nd Floor General Office $25.5/Sqft/Year 20,825 Sqft
  • Suite Partial 2nd Floor
  • Space Type General Office
  • Total Space Available 20,825 Sqft
  • Floor From 2 To 2
  • Divisible Space No
  • Min Divisible 20,825 Sqft
  • Max Contiguous 20,825 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

James A. Egan Is this you?

Newmark Knight Frank

(215) 246-2750

Jeffrey M. Tertel Is this you?

Newmark Knight Frank

(215) 246-2704

Matthew J. Guerrieri Is this you?

Newmark Knight Frank

(215) 246-2709

Partial 3rd Floor General Office $25.5/Sqft/Year 21,000 Sqft
  • Suite Partial 3rd Floor
  • Space Type General Office
  • Total Space Available 21,000 Sqft
  • Floor From 3 To 3
  • Divisible Space No
  • Min Divisible 21,000 Sqft
  • Max Contiguous 21,000 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

James A. Egan Is this you?

Newmark Knight Frank

(215) 246-2750

Jeffrey M. Tertel Is this you?

Newmark Knight Frank

(215) 246-2704

Matthew J. Guerrieri Is this you?

Newmark Knight Frank

(215) 246-2709

Market East Demographics

The average household income in zip code 19106 is $151,764, from a total of 6,519 households. In terms of employment, there are 97.38 % white-collar and 2.62 % blue-collar jobs in zip code 19106.

Population

  • Total Population2,321
  • Male Population(48.6 %) 1,127
  • Female Population(51.4 %) 1,193
  • Median Age34.00

Income/Financial

  • Average Household Income$107,991
  • Median Household Income$81,464
  • Median Income Under 25$33,128
  • Median Income 25-44$87,694
  • Median Income 45-64$96,988
  • Median Income Over 65$54,088

Leasing Contacts Register now to add listings

James A. Egan Is this you?

Newmark Knight Frank

(215) 246-2750

Jeffrey M. Tertel Is this you?

Newmark Knight Frank

(215) 246-2704

Matthew J. Guerrieri Is this you?

Newmark Knight Frank

(215) 246-2709