Compared to the rest of the Philadelphia market, the Logan Square region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 6 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the available space in the Logan Square 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 3,260 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 27 stories. Most buildings in this area were built in 1974 and are Class A.