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 region.
In the last 90 days, 74 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the listings 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 available, so finding a space for a small business might be tough.
Even though the median size is 7,510 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 4 stories. Most buildings in this market 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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