Compared to the rest of the Philadelphia market, the South Philadelphia submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 74 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the available space in the South Philadelphia are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 7,510 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 4 stories. Most buildings in this area were built in 1930 and are Class B.
Real time and historical data on commercial real estate listings in South Philadelphia.
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