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.