North Philadelphia East Office Space

North Philadelphia East

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,000
As of: August 15, 2017

North Philadelphia East Rates

Most listings are in the $20's per square foot per year. The North Philadelphia East region is experiencing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 2% rise in rent.

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

North Philadelphia East Listing Supply

In the last 90 days, 3 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 200% of the listings in the North Philadelphia East 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.

The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this region are approximately 7 stories. Most buildings in this market were built in 1971 and are Class B.

North Philadelphia East Community

Market Report

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

Market Data

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