North Philadelphia Office Space

North Philadelphia

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
5,000
As of: February 27, 2017

North Philadelphia Rates

Most listings are in the $20's per square foot per year. The North Philadelphia submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.

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

North Philadelphia Listing Supply

In the last 90 days, 30 listings have been made available, 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 available, so finding a space for a small business might be tough.

Even though the median size is 5,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 4 stories. Most buildings in this region were built in 1938 and are Class B.

North Philadelphia Community

Market Report

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

Market Data

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