South Philadelphia Industrial

South Philadelphia

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
7,510
As of: July 24, 2017

South Philadelphia Rates

Compared to the rest of the Philadelphia market, the South Philadelphia submarket has higher rates, and you'll need to pay a premium to be in this hot region.

South Philadelphia Listing Supply

In the last 90 days, 7 listings have been made available, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 57% of the office spaces in the South Philadelphia are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 7,510 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 4 stories. Most buildings in this region were built in 1930 and are Class B.

South Philadelphia Community

Market Report

Trends and status of the commercial real estate market in South Philadelphia.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Philadelphia.
Research