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Thomas Jefferson University Hospital - Clinical Office Building

Off-Market

909 Walnut Street, Philadelphia, PA 19107

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

  • Property Type Office - Medical Office
  • Property Size 33,465 Sqft
  • Lot Size 0.28 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1990

Location

  • City Philadelphia, PA
  • Neighborhood Washington Square West
  • Zip Code 19107
  • Market Philadelphia

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • 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 $89,799
  • Market Value $6,415,100
  • Assessed Value $6,415,100

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

Frequently Asked Questions

What is the total square footage of Thomas Jefferson University Hospital - Clinical Office Building?

Thomas Jefferson University Hospital - Clinical Office Building totals 33,465 square feet.

When was this property built?

Thomas Jefferson University Hospital - Clinical Office Building was built in 1990.

What is the property tax for Thomas Jefferson University Hospital - Clinical Office Building?

The property tax for Thomas Jefferson University Hospital - Clinical Office Building in 2021 was $89,799.

What is the market value for Thomas Jefferson University Hospital - Clinical Office Building?

The market value for Thomas Jefferson University Hospital - Clinical Office Building in 2021 was $6,415,100.

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