Most listings are in the $20's per square foot per year. The North Philadelphia East region is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the Philadelphia market, the North Philadelphia East submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 74 listings have been posted online, so you'll want to check back regularly for new listings. About 23% of the listings in the North Philadelphia East are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 6,730 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 7 stories. Most buildings in this area were built in 1971 and are Class B.
Real time and historical data on commercial real estate listings in North Philadelphia East.
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