Most listings are in the $10's per square foot per year. The South Philadelphia submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $20 per sqft per year.
Compared to the rest of the Philadelphia market, the South Philadelphia submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 7 listings have been listed, which means leases are probably leasing quickly. 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 6,490 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 4 stories. Most buildings in this market were built in 1930 and are Class B.