South Philadelphia East Retail

South Philadelphia East

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
5,810
As of: February 24, 2017

South Philadelphia East Rates

The typical asking rate per listing is in the $10's per square foot per year. The South Philadelphia East submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $20 per sqft per year.

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

South Philadelphia East Listing Supply

In the last 90 days, 3 listings have been made available, which means leases 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 available, so finding a space for a small business might be tough.

Even though the median size is 5,810 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 28 floors. Most buildings in this region 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