On average, listings lease in the $20's per square foot per year. The West Philadelphia Street region is experiencing a a rise in rates. In the last 3 months, the median rate rose $29 per sqft per year.
In the last 90 days, 1 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 250 sqft. Most properties in this region are approximately 6 stories. Most buildings in this market were built in 2002 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst West Philadelphia Street occupants. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.