Center City Retail

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221 Chestnut St - Floor 3 Philadelphia, plus electric and cleaning
Sep 21
2,000
sqft
Office Retail
Witherspoon Building - 5 Spaces Avenue of the Arts South, Philadelphia, additional term may be available
Sep 21
6,000 - 13,070
sqft
Sublease Office Retail
1645 Cherry St - Unit 150 (Floor 1) Philadelphia, shell condition
Jul 05
6,120
sqft
Office Medical Retail Restaurant

Center City

Market Report

Number of Listings
Posted in the last 90 days
94
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
7,010

Compared to the rest of the Philadelphia market, the Center City region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Center City Listing Supply

In the last 90 days, 1504 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the listings in the Center City are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 7,070 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 16 floors. Most buildings in this region were built in 1931 and are Class A.

Center City Community

Market Data

Real time and historical data on commercial real estate listings in Center City.
Research