Northwest Philadelphia Office Space

Northwest Philadelphia

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,320
As of: February 27, 2017

Northwest Philadelphia Rates

Most listings are in the $20's per square foot per year. The Northwest Philadelphia submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 12% increase in rent.

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

Northwest Philadelphia Listing Supply

In the last 90 days, 14 listings have been listed, which means listings most likley are 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,320 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 3 stories. Most buildings in this market were built in 1905 and are Class C.

Northwest Philadelphia Community

Market Report

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

Market Data

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