Peripheral phenyl-substituted metal phthalocyanines with thio and oxa substitution in the spacer bridge fragment were obtained in the work. Spectroscopic properties were studied for the obtained complexes, and the main patterns of behavior and characteristics change depending on the solvent and the nature of the spacer atom. It is shown that the replacement of an oxygen atom in the bridge fragment of a peripheral substituent with a sulfur atom leads to a change in the values of the fluorescence quantum yields. It was revealed that the presence of a spacer fragment is one of the key factors that strongly influence both the solubility of phthalocyanine complexes and their aggregation behavior in various solvents.