Philadelphia, PA Flex Space for Lease
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Philadelphia, PA Flex space Lease Rates & Market Statistics
Explore 89 Flex space listings for lease in Philadelphia, PA on Realmo, a commercial real estate exchange covering the Philadelphia area. The current inventory totals 942,330 square feet of properties — an average of ~10,600 SF per listing.
Asking lease rates for Flex space in Philadelphia start at $6 SF/Yr, average $12.84 SF/Yr, and reach $27.95 SF/Yr at the top of the market. That's a 5x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $12.84 SF/Yr is 11% below the Pennsylvania state average of $14.44 SF/Yr.
Flex space listings make up 58% of the 153 Industrial properties currently for lease in Philadelphia, with asking rates in line with the citywide Industrial properties average. Also worth a look for tenants weighing alternatives: Other industrial properties (32 listings) and Manufacturing properties (18 listings) elsewhere in the Philadelphia market.