The typical asking rate per listing is in the $20's per square foot per year. The North Philadelphia East submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.
Compared to the rest of the Philadelphia market, the North Philadelphia East region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 3 listings have been made available, which means new availabilities 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 5,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 7 stories. Most buildings in this area were built in 1971 and are Class B.