Fairmount - Art Museum Office Space

Fairmount - Art Museum

Office Space Market Report

Number of Listings (last 90 days)
50
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
14,120
As of: August 17, 2017

Fairmount - Art Museum Rates

The typical asking rate per listing is in the $30's per square foot per year. The Fairmount - Art Museum region is going through a an increase in rates. In the last 3 months, the median rate rose $30 per sqft per year.

Compared to the rest of the Philadelphia market, the Fairmount - Art Museum region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Fairmount - Art Museum Listing Supply

In the last 90 days, 7 listings have been made available, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 71% of the available leases in the Fairmount - Art Museum 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 available, so finding a space for a small business might be tough.

Even though the median size is 14,120 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 12 stories. Most buildings in this area were built in 1937 and are Class A.

Fairmount - Art Museum Community

Market Report

Trends and status of the commercial real estate market in Fairmount - Art Museum.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Fairmount - Art Museum.
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