The typical asking rate per listing is in the $20's per square foot per year. The Southwest Reading region is seeing a a boost in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 27% rise in rent.
In the last 90 days, 22 listings have been listed, which means leases most likley are going fast. 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 2,730 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 4 stories. Most buildings in this region were built in 1920 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Southwest Reading folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.