1325 N Beach St, Philadelphia, PA 19125

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Long Term KOZ // 10 Years
FLEX Enterprise Studios - 3,5,7 Years
Shorter Term Offices Desks - 1 Year
1. GENEROUS TAX SUBSIDIES -The Battery has 2 very attractive tax incentives that are passed on to the benefit of our office tenants.
a. KOZ Abatement - 10-year City & State Tax Abatement - estimated at 10% of qualified revenues:
• Result: It is conceivable that the “tax savings· can completely pay the rent expense -plus amounts above that.
b. OOZ - Qualified Opportunity Zone - Incentive for companies to locate in areas targeted for redevelopment.
• Under QOZ, if a tenant stays 10 years, the appreciation in their business will be federal tax-free.
1. OFFICE OPPORTUNITIES
• Long-Term 10-year leases -65% of SF
• Flexible suites leases -furnished -3, 5, 7-year leases -27% of SF
• Private offices/ dedicated desks -yearly -8% of SF
1. EXPERIENTIAL LIFESTYLE ADD ON’S
• Wellness - 50,000SF Fieldhouse
• Dramatic Rooftop Pool & Garden
• Food & Beverage -Within The Battery+ Pier 61 -25,000 SF
• Biking & Walking Trail and Waterfront Experiences

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Listing courtesy of Avison Young - US - PA - Philadelphia

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