The typical asking rate per listing is in the $20's per square foot per year. The North Philadelphia East region is experiencing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Philadelphia market, the North Philadelphia East region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 2 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 17,000 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 7 floors. Most buildings in this market were built in 1971 and are Class B.