South Philadelphia East Retail

South Philadelphia East

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
5,810
As of: May 26, 2017

South Philadelphia East Rates

On average, listings lease in the $30's per square foot per year. The South Philadelphia East submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $18 per sqft per year. That's a 90% rise in rent.

Compared to the rest of the Philadelphia market, the South Philadelphia East region has more expensive rates, and you'll need to make a great offer to be in this hot region.

South Philadelphia East Listing Supply

In the last 90 days, 3 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 5,810 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 28 stories. Most buildings in this market were built in 1930 and are Class B.

South Philadelphia East Community

Market Report

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

Market Data

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