King of Prussia Sublease

King of Prussia

Office Space Market Report

Number of Listings (last 90 days)
23
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
7,060
As of: August 17, 2017

King of Prussia Rates

On average, listings lease in the $30's per square foot per year. The King of Prussia region is seeing a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 27% rise in rent.

King of Prussia Listing Supply

In the last 90 days, 23 listings have been posted online, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 48% of the listings in the King of Prussia are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 11,200 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 3 floors. Most buildings in this area were built in 1977 and are Class A.

King of Prussia Community

Market Report

Trends and status of the commercial real estate market in King of Prussia.
Market Report

Market Data

Real time and historical data on commercial real estate listings in King of Prussia.
Research