The Widener Building - Space Availability

$24.5/Sqft/Yearly

1 South Penn Square, Philadelphia, PA 19107

  • Office
  • General Office
  • 433,959 Sqft

The Widener Building, Philadelphia, PA 19107 - Office Space for rent

The Widener Building is located at 1 South Penn Square in the Market East neighborhood, PA, Philadelphia, 19107. The Class A Office building was completed in 1916 and features a total of 433,959 Sqft. There are 3 Office spaces available for lease at 1 South Penn Square, Philadelphia, PA, 19107, totaling 17,141 Sqft. The largest space available has 8,665 Sqft and a rental rate of $24.5/Sqft/Yearly.

There are 41 office spaces for lease in the Market East neighborhood, totaling 761,821 Sqft of available office space. The office space availability for the 19107 zip code is 1,266,739 Sqft, in 35 office spaces. The average asking office rent per sq. ft. in Market East is $12.36/sqft/year. For Class A office buildings the average office rate is $10.67/sqft/year, for Class B office buildings the average office rate is $14.4/sqft/year.

In Market East, there are 7 class A office buildings. In Market East, there are a total of 2 LEED certified office buildings. In 1916, the same year The Widener Building was built, 54 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Philadelphia, featuring 1,638,798 square feet of commercial space.

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Details

  • Price $24.5/Sqft/Yearly
  • City Philadelphia
  • Neighborhood Market East
  • Zip Code 19107
  • Market Urban Philadelphia
  • Property Type Office - General Office
  • Property Size 433,959 Sqft
  • Lot Size 0.69 Acre
  • Parking Spaces Avail. 186
  • Parking Ratio 0.43/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1916

Availability

Suite Name Space Type Lease Rate Space Available
Suite 2 Office $24.5/Sqft/Yearly 4,000 Sqft
  • Suite Suite 2
  • Space Type Office - General Office
  • Available From Wednesday, February 7, 2018
  • Total Space Available 4,000 Sqft
  • Floor From 9 To 9
  • Divisible Space No
  • Min Divisible 4,000 Sqft
  • Max Contiguous 4,000 Sqft
  • Lease Rate $24.5/Sqft/Yearly
  • Possession Type Immediate
  • Lease Type Modified Gross
  • Lease Term From 5 To 10 Years
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Louis Stahl Is this you?

The Leser Group

(718) 438-5100

Suite 400 Office $24.5/Sqft/Yearly 8,665 Sqft
  • Suite Suite 400
  • Space Number 400
  • Space Type Office - General Office
  • Available From Wednesday, May 29, 2019
  • Total Space Available 8,665 Sqft
  • Divisible Space No
  • Min Divisible 8,665 Sqft
  • Max Contiguous 8,665 Sqft
  • Lease Rate $24.5/Sqft/Yearly
  • Possession Type Immediate
  • Lease Type Modified Gross
  • Lease Term From 5 To 10 Years
  • Call For Terms No
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Louis Stahl Is this you?

The Leser Group

(718) 438-5100

Partial Ground Floor Retail $55/Sqft/Yearly 4,476 Sqft
  • Suite Partial Ground Floor
  • Space Number 400
  • Space Type Retail - Interior Retail
  • Available From Wednesday, May 29, 2019
  • Total Space Available 4,476 Sqft
  • Floor From 0 To 0
  • Divisible Space No
  • Min Divisible 4,476 Sqft
  • Max Contiguous 4,476 Sqft
  • Lease Rate $55/Sqft/Yearly
  • Possession Type Immediate
  • Lease Type Net
  • Lease Term From 5 To 10 Years
  • Call For Terms No
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Louis Stahl Is this you?

The Leser Group

(718) 438-5100

Market East Demographics

The average household income in zip code 19107 is $77,882, from a total of 7,181 households. In terms of employment, there are 95.51 % white-collar and 4.49 % blue-collar jobs in zip code 19107.

Population

  • Total Population2,330
  • Male Population(48.9 %) 1,139
  • Female Population(51.1 %) 1,190
  • Median Age33.00

Income/Financial

  • Average Household Income$100,828
  • Median Household Income$78,300
  • Median Income Under 25$29,806
  • Median Income 25-44$83,797
  • Median Income 45-64$87,480
  • Median Income Over 65$51,242

See more Market East Demographics data

BROWSE OTHER PROPERTIES IN MARKET EAST

Check out the links below if you're interested in other types of properties for lease or for sale in Market East:

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Louis Stahl Is this you?

The Leser Group

(718) 438-5100