The typical asking rate per listing is in the $30's per square foot per year. The Logan Square submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $36 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Philadelphia market, the Logan Square region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 33 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 4,230 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 27 stories. Most buildings in this region were built in 1974 and are Class A.