On average, listings lease in the $30's per square foot per year. The Philadelphia County region is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 6% decrease in rent.
In the last 90 days, 310 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Philadelphia County are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 5,230 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 5 floors. Most buildings in this region were built in 1950 and are Class A.