On average, listings lease in the $20's per square foot per year. The West Philadelphia Street region is experiencing a an increase in rates. In the last 3 months, the median rate rose $29 per sqft per year.
In the last 90 days, 1 listings have been made available, which means new listings 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.
The standard measurement for office space in this area is around 250 sqft. Most buildings in this area are close to 6 stories. Most buildings in this market were built in 2002 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst West Philadelphia Street residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.