Philadelphia, PA Commercial Real Estate for Lease - 472 Listings

1,000 SF | 325 Chestnut St | Restaurant Space for Lease in Old City

325 Chestnut St, Old City, Philadelphia, PA
Property

Retail

206,816 SF
Availability

1 Space

1,000 SF
Year Built

1957
For Lease Contact for pricing
View Details (opens in new window)
BRI 1866 1515 Market, LP

1515 Market Street Suite 1040, Center City West, Philadelphia, PA
Property

Office

502,217 SF
Availability

22 Spaces

99,272 SF
For Lease Contact for pricing
View Details (opens in new window)
2 Logan Square

100 North 18th Street, Logan Square, Philadelphia, PA
Property

Office

21,819 SF
Availability

1 Space

21,819 SF
For Lease Contact for pricing
View Details (opens in new window)
Two Logan Square

100 North 18th Street, Logan Square, Philadelphia, PA
Property

Office

696,477 SF
Availability

3 Spaces

63,476 SF
Year Built

1988
For Lease Contact for pricing
View Details (opens in new window)
One Liberty Place

1650 Market Street, Center City West, Philadelphia, PA
Property

Office

1,200,000 SF
Availability

7 Spaces

115,666 SF
Year Built

1987
For Lease

$38.00 - $52.00/SF/YR
View Details (opens in new window)
One South Broad

1 South Broad Street, Market East, Philadelphia, PA
Property

Office

463,777 SF
Availability

17 Spaces

193,242 SF
Year Built

1932
For Lease

$31.50 - $32.50/SF/YR
View Details (opens in new window)
Fashion District of Philadelphia

901 Market St, Center City East, Philadelphia, PA
Property

Retail

848,231 SF
Availability

8 Spaces

42,747 SF
For Lease Contact for pricing
View Details (opens in new window)
3440 Market Street

3440 Market Street, University City, Philadelphia, PA
Property

Unassigned

117,848 SF
Availability

2 Spaces

39,714 SF
Year Built

1982
For Lease Contact for pricing
View Details (opens in new window)
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
View Details (opens in new window)
17,100 SF | 2501 Wharton St | Industrial/Flex Space Available in Point Breeze

2501 Wharton St, Grays Ferry, Philadelphia, PA
Property

Industrial

60,000 SF
Availability

1 Space

17,100 SF
Year Built

1959
For Lease Contact for pricing
View Details (opens in new window)
Upgrade your lease management practices

Simplify your accounting operations and seamlessly track, manage and collaborate on your lease portfolio from anywhere.
Learn more
Ten Penn Center

1801 Market Street, Center City West, Philadelphia, PA
Property

Office

670,664 SF
Availability

13 Spaces

95,212 SF
Year Built

1982
For Lease

$31.00 - $33.00/SF/YR
View Details (opens in new window)
Wanamaker Building
Mindspace
100 East Penn Square, Philadelphia, PA
Services

Open Workspace

Meeting Room
Amenities

Bike storage

Cleaning services

Complimentary coffee & tea

Free water

High-speed wifi

IT support

Kitchen

Lounge area

Mail services

Pet friendly
View Details (opens in new window) Book Now (opens in new window)
45,467 SF Industrial Space For Lease

11500 Roosevelt Blvd, Somerton, Philadelphia, PA
Property

Industrial
Availability

1 Space

45,467 SF
For Lease Contact for pricing
View Details (opens in new window)
100 North 20th Street

100 North 20th Street, Logan Square, Philadelphia, PA
Property

Office

92,125 SF
Availability

6 Spaces

44,791 SF
Year Built

1981
For Lease Contact for pricing
View Details (opens in new window)
Two Commerce Square

2001 Market Street, Center City West, Philadelphia, PA
Property

Office

953,276 SF
Availability

14 Spaces

118,145 SF
Year Built

1992
For Lease Contact for pricing
View Details (opens in new window)
LVL North

510 North Broad Street, Spring Garden, Philadelphia, PA
Property

Office

535,000 SF
Availability

1 Space

40,000 SF
Year Built

2022
For Lease Contact for pricing
View Details (opens in new window)
1737 Chestnut St Ste 200

1737 Chestnut St Ste 200, Center City West, Philadelphia, PA
Property

Office

4,159 SF
Availability

1 Space

2,000 SF
Year Built

1900
For Lease

$5,750.00/MO
View Details (opens in new window)
1714 Cherry St

1714 Cherry St, Logan Square, Philadelphia, PA
Property

Retail

1,230 SF
Availability

1 Space

1,230 SF
Year Built

1940
For Lease

$8,750.00/MO
View Details (opens in new window)
2470 Wheatsheaf Ln.

2470 Wheatsheaf Ln., Port Richmond, Philadelphia, PA
Property

Industrial

17,035 SF
Availability

1 Space

17,035 SF
For Lease Contact for pricing
View Details (opens in new window)
231 N Broad St

231 N Broad St, Center City East, Philadelphia, PA
Property

Office
Availability

1 Space

5,000 SF
For Lease

$29.50/SF/YR
View Details (opens in new window)
Retail physician space

2602 Cottman Avenue, Castor Gardens, Philadelphia, PA
Property

Office

2,100 SF
Availability

1 Space

886 SF
For Lease

$30.00/SF/YR
View Details (opens in new window)
4324 Tackawanna Street

4324 Tackawanna Street, Frankford, Philadelphia, PA
Property

Flex Space

39,595 SF
Availability Contact for availability
Year Built

1922
For Lease Contact for pricing
View Details (opens in new window)
The Science Center

3711 Market Street, University City, Philadelphia, PA
Property

Unassigned

154,844 SF
Availability

4 Spaces

79,516 SF
Year Built

2008
For Lease

$60.00/SF/YR
View Details (opens in new window)
6,000 SF | 911-913 N. Broad Street | Retail/Commercial Space For Lease

911-913 N. Broad Street, West Poplar, Philadelphia, PA
Property

Retail

12,000 SF
Availability

1 Space

6,000 SF
For Lease Contact for pricing
View Details (opens in new window)
118 South 18th Street

118 South 18th Street, Center City West, Philadelphia, PA
Property

Retail
Availability

1 Space

0.03 Acre
For Lease

$8,500.00/MO
View Details (opens in new window)
901 Market Street

901 Market Street, Center City East, Philadelphia, PA
Property

Office

427,600 SF
Availability

1 Space

25,086 SF
Year Built

1900
For Lease Contact for pricing
View Details (opens in new window)

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 - 472 Listings

1,000 SF | 325 Chestnut St | Restaurant Space for Lease in Old City

BRI 1866 1515 Market, LP

2 Logan Square

Two Logan Square

One Liberty Place

One South Broad

Fashion District of Philadelphia

3440 Market Street

One Commerce Square

17,100 SF | 2501 Wharton St | Industrial/Flex Space Available in Point Breeze

Ten Penn Center

Wanamaker Building

45,467 SF Industrial Space For Lease

100 North 20th Street

Two Commerce Square

LVL North

1737 Chestnut St Ste 200

1714 Cherry St

2470 Wheatsheaf Ln.

231 N Broad St

Retail physician space

4324 Tackawanna Street

The Science Center

6,000 SF | 911-913 N. Broad Street | Retail/Commercial Space For Lease

118 South 18th Street

901 Market Street

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

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us

About Us

Our Tools

Philadelphia, PA Commercial Real Estate for Lease - 472 Listings

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