Philadelphia, PA Commercial Real Estate for Lease and Sale

Explore 602 listings of Philadelphia commercial real estate for lease and for sale to find the best space for your business.

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1880 John F. Kennedy Boulevard

1880 John F. Kennedy Boulevard, Center City West, Philadelphia, PA
Property

Office

236,788 SF
Availability

14 Spaces

77,773 SF
Year Built

1985
For Lease Contact for pricing
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1725 S 25th St

1725 S 25th St, Point Breeze, Philadelphia, PA
Property

Retail

11,536 SF
Availability

1 Space

6,000 SF
Year Built

1925
For Lease

$12.00/SF/YR
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Gateway Business Center

7821 Bartram Avenue, Eastwick Southwest Philadelphia, Philadelphia, PA
Property

Office

92,514 SF
Availability

4 Spaces

12,611 SF
Year Built

1986
For Lease

$24.00 - $25.00/SF/YR
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Sterling Commerce Center

1819 John F. Kennedy Boulevard, Logan Square, Philadelphia, PA
Property

Office

96,000 SF
Availability

5 Spaces

31,278 SF
Year Built

1963
For Lease

$23.50/SF/YR
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Mixed Use & Retail/Restaurant Space Available

2216-2220 E Allegheny Avenue, Kensington, Philadelphia, PA
Property

Office

33,000 SF
Availability

1 Space

33,000 SF
For Lease Contact for pricing
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Fishtown Flats

1413 & 1427 Germantown Avenue, Callowhill, Philadelphia, PA
Property

Other

122,850 SF
For Sale

$32,000,000
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Public Ledger Building

600 Chestnut Street, Society Hill, Philadelphia, PA
Property

Office

535,382 SF
Availability

10 Spaces

107,034 SF
Year Built

1927
For Lease Contact for pricing
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1501 North 31st Street

1501 North 31st Street, Brewerytown, Philadelphia, PA
Property

Retail
Availability

1 Space

2,750 Acre
For Lease

$25.00/Acre/YR
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Belgrade/Almond Street Portfolio

Belgrade/Almond Street Portfolio, Olde Richmond, Philadelphia, PA
Property

Industrial

36,307 SF
For Sale

Subject To Offer
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New Market Complex

419 South 2nd Street, Society Hill, Philadelphia, PA
Property

Office

50,000 SF
Availability

2 Spaces

2,380 SF
Year Built

1986
For Lease

$10.00 - $24.00/SF/YR
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915 N 28th St

915 N 28th St, Fairmount, Philadelphia, PA
Property

Retail

25,255 SF
Availability

1 Space

1,302 SF
Year Built

1925
For Lease

$2,200.00/MO
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Wanamaker Building

100 Penn Square East, Market East, Philadelphia, PA
Property

Office

1,401,000 SF
Availability

20 Spaces

611,018 SF
Year Built

1911
For Lease

$35.00 - $37.00/SF/YR
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Medical Arts Building

1601 Walnut Street, Center City West, Philadelphia, PA
Property

Office

128,115 SF
Availability

18 Spaces

19,708 SF
Year Built

1916
For Lease

$26.00/SF/YR
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629 S 2nd St

629 S 2nd St, Queen Village Pennsport, Philadelphia, PA
Property

Retail

2,000 SF
Availability

1 Space

2,000 SF
For Lease Contact for pricing
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4270 G Street

4270 G Street, Juniata Park, Philadelphia, PA
Property

VacantLand

60,000 SF
For Sale

Call for More Information
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2149 East Rush Street

2149 East Rush Street, Kensington, Philadelphia, PA
Property

Multi-Family
For Sale

$3,800,000
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Belmont Building

211 North 13th Street, Center City East, Philadelphia, PA
Property

Office

87,480 SF
Availability

6 Spaces

27,165 SF
Year Built

1916
For Lease

$20.00/SF/YR
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North Philadelphia Office Space

2929 North Broad Street, East Tioga, Philadelphia, PA
Property

Office

62,768 SF
Availability

1 Space

22,000 SF
For Lease

$20.00/SF/YR
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East Falls Land For Sale with Unparalleled View

4401 Ridge Ave, East Falls, Philadelphia, PA
Property

VacantLand
For Sale

$4.9 million
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Three Parkway

1601 Cherry Street, Logan Square, Philadelphia, PA
Property

Office

600,000 SF
Availability

8 Spaces

116,674 SF
Year Built

1970
For Lease Contact for pricing
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1760 Market Street

1760 Market Street, Center City West, Philadelphia, PA
Property

Office

126,219 SF
Availability

10 Spaces

44,603 SF
Year Built

1983
For Lease

$34.50/SF/YR
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Biddle Building

1217 Sansom Street, Washington Square West, Philadelphia, PA
Property

Office

47,000 SF
Availability

2 Spaces

8,400 SF
Year Built

1979
For Lease Contact for pricing
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Two Penn Center

1500 John F. Kennedy Blvd, Center City West, Philadelphia, PA
Property

Retail

502,531 SF
Availability

5 Spaces

5,962 SF
Year Built

1958
For Lease

$40.00/SF/YR
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One Commerce Square

2005 Market Street, Center City West, Philadelphia, PA
Property

Office

942,866 SF
Availability

24 Spaces

268,367 SF
Year Built

1986
For Lease Contact for pricing
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The Land Title Building

100 South Broad Street, Center City West, Philadelphia, PA
Property

Office

365,000 SF
Availability

14 Spaces

63,683 SF
Year Built

1898
For Lease

$25.50/SF/YR
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1312 South St

1312 South St, Hawthorne, Philadelphia, PA
Property

Retail

5,358 SF
Year Built

1915
For Sale

$1,685,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Philadelphia commercial real estate market incorporates 48,320,271 square feet of office space across 187 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Philadelphia, the coworking segment of the commercial real estate market incorporates about 955 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Philadelphia commercial real estate market includes 12,428,409 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Philadelphia market, there is a total of 12,780,322 square feet of industrial property.

The listing inventory in Philadelphia incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Philadelphia is represented by Retail space, which accounts for 24,161,682,182 square feet of available listings. Office space available in Philadelphia adds up to 758,995,631 square feet.

Meanwhile, most of the listings of commercial property for sale in Philadelphia are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Philadelphia is $27.55 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Philadelphia can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $36.37 per square foot, industrial space in Philadelphia saw average rents of $12.63 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Philadelphia, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Philadelphia is in the Center City West neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Center City West area.

Meanwhile, retail space opportunities are most abundant in the Old City submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Frankford Valley.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $52 per square foot. In particular, the property type commanding the highest lease rates in Philadelphia was Office space.

Conversely, the highest sale price last year was $44,150,000 that is located at 3615 Chestnut Street.

The average size of a commercial property in Philadelphia depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Philadelphia, the average size of an office property is 315,819 square feet.
Retail properties here incorporate an average of 86,309 square feet.
Industrial space in Philadelphia is in buildings that are, on average 117,251 square feet in size.

Philadelphia, PA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Philadelphia currently add up to 28,657,998,552 square feet. The market offers 170 active office listing(s), which amount to 758,995,631 square feet and account for 37% of commercial spaces on the market. Local retail availability includes 24,161,682,182 square feet across 180 retail space(s). Industrial space for rent opportunities in Philadelphia amount to 735,571,932 square feet across a total of 80 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	170	758,995,631
Retail	180	24,161,682,182
Industrial	80	735,571,932
Other	21	3,001,748,807

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Philadelphia, PA. Currently, there is 4,067,328 square feet of commercial property for sale here , which includes 17 office building(s) for sale , 22 retail investment opportunity listing(s) , and 46 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	17	354,537
Retail	22	136,618
Industrial	46	1,781,280
Other	47	1,794,893

Philadelphia, PA Commercial Real Estate Market Overview

Philadelphia is one of the most historic cities in the country, as well as one of the oldest. As such, it’s home to a lot of firsts for the United States, including the first library, hospital, national capital and business school. The city is also incredibly diverse, with more sculptures and murals than any other city in America.

While tourism and trade have been cornerstones for commerce in the city, Philadelphia is also an emerging tech, biotech and life sciences hub. And with high-quality universities in the area, the environment is rife with start-ups and a budding venture capital hub.

Philadelphia, PA Commercial Real Estate for Lease and Sale

1880 John F. Kennedy Boulevard

1725 S 25th St

Gateway Business Center

Sterling Commerce Center

Mixed Use & Retail/Restaurant Space Available

Fishtown Flats

Public Ledger Building

1501 North 31st Street

Belgrade/Almond Street Portfolio

New Market Complex

915 N 28th St

Wanamaker Building

Medical Arts Building

629 S 2nd St

4270 G Street

2149 East Rush Street

Belmont Building

North Philadelphia Office Space

East Falls Land For Sale with Unparalleled View

Three Parkway

1760 Market Street

Biddle Building

Two Penn Center

One Commerce Square

The Land Title Building

1312 South St

Frequently Asked Questions

Philadelphia, PA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Philadelphia, PA Commercial Real Estate Market Overview

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Philadelphia, PA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Philadelphia, PA?

What factors affect the price of commercial real estate in Philadelphia, PA?

What is the average rent for commercial space in Philadelphia, PA?

What are the best areas for commercial real estate in Philadelphia, PA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Philadelphia, PA?

Philadelphia, PA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Philadelphia, PA Commercial Real Estate Market Overview

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us