Bala Cynwyd Commercial Real Estate

Need Help Finding Space?
NGKF
I represent tenants and can
help you go see this space.

Bala Cynwyd

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
2,630

Bala Cynwyd Rates

Most listings are in the $40's per square foot per year. The Bala Cynwyd submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 16% rise in rent.

Compared to the rest of the Philadelphia market, the Bala Cynwyd region has greater rates, and you'll need to make a great offer to be in this hot submarket.

Bala Cynwyd Listing Supply

In the last 90 days, 72 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the office spaces in the Bala Cynwyd 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 2,630 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 3 floors. Most buildings in this market were built in 1981 and are Class A.

Bala Cynwyd Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Bala Cynwyd folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Bala Cynwyd.
Research