North Philadelphia East Retail

North Philadelphia East

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
4,470
As of: July 26, 2017

North Philadelphia East Rates

On average, listings lease in the $20's per square foot per year. The North Philadelphia East submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 10% increase in rent.

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

North Philadelphia East Listing Supply

In the last 90 days, 3 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 267% of the available leases in the North Philadelphia East are subleases, so you might be able to find a shorter term or below market rent. 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 4,470 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 7 floors. Most buildings in this market were built in 1971 and are Class B.

North Philadelphia East Community

Market Report

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

Market Data

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