5 Crescent Dr - office in Philadelphia, PA
Office

5 Crescent Dr

philadelphia, pa, 19112, philadelphia, PA 19112

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Very Low Confidence
Low
$30.60/SF
Mid
$36.00/SF
High
$41.40/SF
Tier Used
peer_city_transfer

Transferred from peer market denver (similarity: 89%) with 11 comparable listings.

Peer market: denver (89% similarity)
Tier Resolution Trace
Tier 1insufficient_data
Tier 2insufficient_data
Tier 3insufficient_data
Tier 4successselected
Cost Breakdown
ComponentValueDetailSource
Base Rent$36.00/SFpeer_city_transfer
Utilities0.3¢/kWhOpenEI URDB
Property Tax0.0% eff. rateAPI Ninjas
Labor Index$1570/wkBLS QCEW
Source Provenance (1)
SourceTypeCountYearFreshnessPeer
Peer City Transfereconomic_similarity11real-timedenver (89%)
Data sources used
peer_city_transfer

Description

Now available for sublease, office located at 5 Crescent Dr Philadelphia, Pennsylvania 19112. Available square footage 51,944 - 51,945 SF.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

philadelphia, pa, 19112, philadelphia, PA 19112

Marker
Leaflet © OpenStreetMap contributors

Market Context

Projected current pricing

indicative confidence
Projected asking rent
$38.32/SF/yr
Estimated sale value
$196–$332/SF

Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Philadelphia office yet, so this applies the typical cap rate across comparable office markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q1 2025 asking-rent data (benchmark cap rate 6.6%–8.6%, asking rent held flat).

View the full Philadelphia Office market report →

Compare it against other office listings for sale in Philadelphia, PA to benchmark pricing and space — view the full market.

Unified Estimate

Very Low Confidence
$30.60/SF-$41.40/SF
Mid: $36.00/SF

Cost-of-business estimate only; rate estimator unavailable.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market denver (similarity: 89%) with 11 comparable listings.

Sale Price History

2000 – 2026 · county sold comps + market trendsFIPS 42101

High Confidence
Q1 '00Q2 '01Q4 '02Q1 '04Q2 '05Q3 '06Q4 '07Q1 '10Q2 '11Q4 '12Q2 '14Q1 '16Q4 '17Q1 '19Q2 '20Q4 '21Q1 '23Q4 '24Q1 '26

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Financing Assumptions

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:+0.3%
Avg Weekly Wage:$1,478

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population1,579,706
Median Income$62k↓ 17%
College Educated30.1%↓ 3.3pp
Median Age35.3 yrs
Median Home Value$243k
Unemployment8.1%↑ 4.5pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Assumptions
  • Interest rate: 6.47% (FRED live)
  • Loan term: 25 years
  • Down payment: 25.0%
  • Market comparison: office in philadelphia, PA

More Office for Sale in Philadelphia, PA(5)

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Listed by

JLL