King of Prussia Retail

King of Prussia

Office Space Market Report

Number of Listings (last 90 days)
28
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
4,400
As of: December 2, 2016

King of Prussia Rates

The typical asking rate per listing is in the $20's per square foot per year. The King of Prussia submarket is going through a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 15% decrease in rent.

King of Prussia Listing Supply

In the last 90 days, 29 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 7% of the available leases in the King of Prussia are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,400 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this market were built in 1978 and are Class A.

King of Prussia Community

Market Report

Trends and status of the commercial real estate market in King of Prussia.
Market Report

Market Data

Real time and historical data on commercial real estate listings in King of Prussia.
Research