Most listings are in the $30's per square foot per year. The Washington Square West submarket is going through a a boost in rates. In the last 3 months, the median rate went up $38 per sqft per year.
Compared to the rest of the Philadelphia market, the Washington Square West region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 47 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available space in the Washington Square West are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,140 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 4 stories. Most buildings in this area were built in 1929 and are Class B.
Real time and historical data on commercial real estate listings in Washington Square West.
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