Newtown Square, PA Medical Office Space for Lease
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Newtown Square, PA Medical Office Space Lease Rates & Market Statistics
Browse 2 Medical Office Space listings for lease in Newtown Square, PA on Realmo, a commercial real estate marketplace serving the Newtown Square area. The current inventory totals 6,432 square feet of properties.
Medical Office Space lease rates in Newtown Square range from $18 SF/Yr at the entry level to $31 SF/Yr at the top of the market, averaging $24.50 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $24.50 SF/Yr, the local average runs 32% above Pennsylvania's state average of $18.59 SF/Yr.
Newtown Square accounts for 8% of the 26 medical office space listings currently available across Delaware County, where nearby markets include Drexel Hill and Chester. Medical Office Space is one of the more limited space types in Newtown Square, with just 2 listings currently available — a scarcity worth factoring into lease negotiations. Tenants comparing options may also consider Office Units (8 listings) and Office buildings (4 listings) elsewhere in the Newtown Square market.