2024 Office Space Rent & Sales
- $26.61 2024 Avg. Asking Rent
- 18.81% 2024 Office Vacancy Rate
King of Prussia office price per square foot in 2024 was $26.61 on average. The local office market recorded an average vacancy rate of 18.81% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Pennsylvania Class A & A+ Office Space$34.29
- Pennsylvania Class B Office Space$25.57
- Pennsylvania Class C Office Space$19.06
King of Prussia, PA Office Asking Rents by Class
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2024 Office Construction in King of Prussia, PA
| Office building | Address | SF | Completed |
|---|---|---|---|
| 480 N Gulph Rd | 480 N Gulph Rd, 19406 | 290,066 | 2012 |
| Allendale Business Park - 630 Allendale Road | 630 Allendale Road, 19406 | 150,000 | 2000 |
| 150 South Warner Road | 150 South Warner Road, 19406 | 150,573 | 1986 |
| Freedom Business Center | 610 Freedom Business Center Drive, 19406 | 368,244 | 1985 |
| Metropolitan Business Center - 860 1st Avenue | 860 1st Avenue, 19406 | 43,376 | 1984 |
| 200 North Warner Road | 200 North Warner Road, 19406 | 164,360 | 1983 |
| 1100 1st Avenue | 1100 1st Avenue, 19406 | 148,000 | 1982 |
| The Atrium | 234 Mall Boulevard, 19406 | 80,000 | 1981 |
| Continental Plaza - 1006 & 1012 West 9th Avenue | 1006 West 9th Avenue, 19406 | 140,605 | 1979 |
| 2000 Valley Forge Circle | 2000 Valley Forge Cir, 19406 | 1,124 | 1976 |
Worth noting among recent office completions on the King of Prussia market is 480 N Gulph Rd, which is currently the largest new office development in the city, at 290,066 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by Yardi Research Data, a market intelligence solution which offers comprehensive real market knowledge on all King of Prussia commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.