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801 Market StPhiladelphia, PA 19107
801 Market Street
Asset ClassOffice
overview of deal

Overview

Newmark is pleased to offer the exceptional opportunity to acquire 801 Market Street, comprising of a 10-story (floors 3-13), 703,466 square foot office condominium located in one of Philadelphia’s fastest growing and most accessible CBD submarkets. The property is 84% leased to a credit filled rent roll including the Commonwealth of Pennsylvania (Moody’s Aa3), Community Behavioral Health, U.S Department of Health and Human Resources (Moody’s Aa2), U.S Department of Housing and Urban Development (Moody’s Aa2), and the U.S. Equal Employment Opportunity Commission (Moody’s Aa2) with a weighted Average lease term of 6.3 years.

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Investment Highlights

  • PRIME MARKET STREET EAST LIVE-WORK-PLAY LOCATION
  • LONG TERM STABLE CASH FLOW FROM CREDIT TENANCY
  • PHILADELPHIA’S PREMIER DESTINATION FOR GSA AND STATE AGENCIES
  • PRIME MARKET STREET LIVE-WORK-PLAY LOCATION

 

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801 Market StPhiladelphia, PA 19107
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Listing provided by Revere CRE