Philadelphia, PA Commercial Real Estate for Lease - 468 Listings

Airport Business Complex

10 Industrial Hwy, Philadelphia International Airport, Lester, PA
Property

Industrial

1,805,000 SF
Availability

2 Spaces

56,715 SF
Year Built

1945
For Lease

$14.00/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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3901 Main Street

3901 Main Street, Manayunk, Philadelphia, PA
Property

Office

103,000 SF
Availability

6 Spaces

14,346 SF
Year Built

1900
For Lease

$15.00 - $17.00/SF/YR
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1,650 SF | 1306 Callowhill St | New Construction Retail Space

1306 Callowhill St, Callowhill, Philadelphia, PA
Property

Retail

1,000,000 SF
Availability

1 Space

1,650 SF
For Lease Contact for pricing
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Centre Square - East

1500 Market Street, Center City West, Philadelphia, PA
Property

Office

801,389 SF
Availability

17 Spaces

375,618 SF
Year Built

1974
For Lease

$31.50 - $36.50/SF/YR
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31-33 N 2nd Street

31-33 N 2nd Street, Old City, Philadelphia, PA
Property

Office

2,050 SF
Availability

1 Space

2,858 SF
For Lease

$21.00/SF/YR
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4524 Walnut Street

4524 Walnut Street, Spruce Hill, Philadelphia, PA
Property

Retail
Availability

1 Space

4,000 Acre
For Lease

$20.00/Acre/YR
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4230 Main Street

4230 Main Street, Manayunk, Philadelphia, PA
Property

Retail

15,604 SF
Availability

1 Space

15,604 SF
For Lease Contact for pricing
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3020 Market Street

3020 Market Street, University City, Philadelphia, PA
Property

Office

190,925 SF
Availability

3 Spaces

10,875 SF
Year Built

2008
For Lease Contact for pricing
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1508 Ridge Avenue

1508 Ridge Avenue, Francisville, Philadelphia, PA
Property

Retail
Availability

1 Space

1,100 Acre
For Lease

$3,000.00/MO
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1,250 SF | 40 E Oregon Ave | New Retail Space in South Philly

40 E Oregon Ave, Whitman, Philadelphia, PA
Property

Retail

6,400 SF
Availability

1 Space

1,250 SF
For Lease Contact for pricing
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6076-80 Ridge Ave

6076-80 Ridge Ave, Central Roxborough, Philadelphia, PA
Property

Retail

3,766 SF
Availability

1 Space

3,700 SF
Year Built

1900
For Lease

$4,500.00/MO
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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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1 Crescent Drive

1 Crescent Drive, Navy Yard, Philadelphia, PA
Property

Office

76,255 SF
Availability

1 Space

5,039 SF
Year Built

2005
For Lease

$35.00 - $38.00/SF/YR
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401 South 2nd Street

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

Flex Space

4,510 SF
Availability Contact for availability

For Lease Contact for pricing
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Plaza 58.

5800-5820 Woodland Ave, Elmwood, Philadelphia, PA
Property

Retail

42,000 SF
Availability

1 Space

3,760 SF
Year Built

2008
For Lease

$22.00/SF/YR
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Bailey Building

1218 Chestnut Street, Washington Square West, Philadelphia, PA
Property

Office

50,000 SF
Availability

1 Space

5,600 SF
Year Built

1900
For Lease Contact for pricing
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3600 Market Street

3600 Market Street, University City, Philadelphia, PA
Property

Office

193,622 SF
Availability

2 Spaces

19,477 SF
Year Built

1989
For Lease Contact for pricing
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Cira Centre

2929 Arch Street, University City, Philadelphia, PA
Property

Office

730,187 SF
Availability

10 Spaces

84,426 SF
Year Built

2005
For Lease Contact for pricing
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66 Door Truck Terminal on 7.4 Acres

4201 Tacony Street, Frankford Valley, Philadelphia, PA
Property

Industrial
Availability

1 Space

7.4 Acre
For Lease Contact for pricing
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28 N 3rd Street

28 N 3rd Street, Old City, Philadelphia, PA
Property

Retail
Availability

1 Space

6,000 Acre
For Lease Contact for pricing
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3,600 SF | Commerce Square | Retail Space for Lease

2001-2005 Market Street, Center City West, Philadelphia, PA
Property

Retail

14,578 SF
Availability

1 Space

3,600 SF
For Lease Contact for pricing
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2,500 SF | 2400 Frankford Ave | Retail/Office Space for Lease

2400 Frankford Ave, East Kensington, Philadelphia, PA
Property

Retail

14,608 SF
Availability

1 Space

2,500 SF
For Lease Contact for pricing
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Two Logan Square

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

Office

708,844 SF
Availability

9 Spaces

42,539 SF
Year Built

1985
For Lease

$13.00 - $33.50/SF/YR
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PA, Philadelphia - 123 S Broad Street
Regus
123 South Broad Street 15th Floor, Philadelphia, PA
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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2,800 SF | Center City Retail Space Available | 100 N 17th Street

100 N 17th St, Logan Square, Philadelphia, PA
Property

Retail

125,000 SF
Availability

1 Space

2,775 SF
Year Built

2012
For Lease Contact for pricing
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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 46,732,202 square feet of office space across 180 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 1,246 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 12,567,165 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 12,188,366 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 24,161,725,429 square feet of available listings. Office space available in Philadelphia adds up to 758,776,886 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 $27.71 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 $38.14 per square foot, industrial space in Philadelphia saw average rents of $12.27 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 305,440 square feet.
Retail properties here incorporate an average of 84,344 square feet.
Industrial space in Philadelphia is in buildings that are, on average 123,115 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 28,657,679,878 square feet. The market offers 165 active office listing(s), which amount to 758,776,886 square feet and account for 36% of commercial spaces on the market. Local retail availability includes 24,161,725,429 square feet across 184 retail space(s). Industrial space for rent opportunities in Philadelphia amount to 735,380,404 square feet across a total of 77 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	165	758,776,886
Retail	184	24,161,725,429
Industrial	77	735,380,404
Other	20	3,001,797,159

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 3,740,528 square feet of commercial property for sale here , which includes 15 office building(s) for sale , 24 retail investment opportunity listing(s) , and 39 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	15	265,447
Retail	24	158,130
Industrial	39	1,528,810
Other	52	1,788,141

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 - 468 Listings

Airport Business Complex

North Philadelphia Office Space

3901 Main Street

1,650 SF | 1306 Callowhill St | New Construction Retail Space

Centre Square - East

31-33 N 2nd Street

4524 Walnut Street

4230 Main Street

3020 Market Street

1508 Ridge Avenue

1,250 SF | 40 E Oregon Ave | New Retail Space in South Philly

6076-80 Ridge Ave

Public Ledger Building

1 Crescent Drive

401 South 2nd Street

Plaza 58.

Bailey Building

3600 Market Street

Cira Centre

66 Door Truck Terminal on 7.4 Acres

28 N 3rd Street

3,600 SF | Commerce Square | Retail Space for Lease

2,500 SF | 2400 Frankford Ave | Retail/Office Space for Lease

Two Logan Square

PA, Philadelphia - 123 S Broad Street

2,800 SF | Center City Retail Space Available | 100 N 17th 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

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Philadelphia, PA Commercial Real Estate for Lease - 468 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