University City Sublease

University City

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
6,940
As of: December 5, 2016

University City Rates

On average, listings lease in the $30's per square foot per year. The University City submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $30 per sqft per year. That's a Inf% increase in rent.

Compared to the rest of the Philadelphia market, the University City region has smaller rates, so you should have no trouble finding a great deal in this discounted region.

University City Listing Supply

In the last 90 days, 6 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 83% of the listings in the University City 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 posted, so finding a space for a small business might be tough.

Even though the median size is 6,940 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 9 stories. Most buildings in this market were built in 1978 and are Class A.

University City Community

Market Report

Trends and status of the commercial real estate market in University City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in University City.
Research