Philadelphia County Sublease

Philadelphia County

Office Space Market Report

Number of Listings (last 90 days)
310
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
5,230
As of: March 12, 2017

Philadelphia County Rates

On average, listings lease in the $30's per square foot per year. The Philadelphia County submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 6% decline in rent.

Philadelphia County Listing Supply

In the last 90 days, 310 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the available leases in the Philadelphia County are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 5,230 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 5 floors. Most buildings in this market were built in 1950 and are Class A.

Philadelphia County Community

Market Report

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

Market Data

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

Philadelphia County Submarkets