Avenue of the Arts South Sublease

Avenue of the Arts South

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
12,790
As of: August 21, 2017

Avenue of the Arts South Rates

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

Avenue of the Arts South Listing Supply

In the last 90 days, 20 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 45% of the office spaces in the Avenue of the Arts South are subleases, so you might be able to snag a great spot on a short term. 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 12,790 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 17 floors. Most buildings in this market were built in 1916 and are Class B.

Avenue of the Arts South Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Avenue of the Arts South folk. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Avenue of the Arts South.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Avenue of the Arts South.
Research