Philadelphia, PA Restaurants for Lease
- Stroudsburg, PA
- Hanover, PA
- Camden, NJ
- Collingswood, NJ
- Haddon Township, NJ
- Gloucester City, NJ
- Audubon, NJ
- Bala Cynwyd, PA
Philadelphia, PA Restaurants Lease Rates & Market Statistics
Explore 95 Restaurants for lease in Philadelphia, PA on Realmo, a commercial real estate exchange covering the Philadelphia area. The current inventory totals 494,763 square feet of properties — an average of ~5,200 SF per listing.
Asking lease rates for Restaurants in Philadelphia start at $17.50 SF/Yr, average $31.35 SF/Yr, and reach $48.89 SF/Yr at the top of the market. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $31.35 SF/Yr is 22% above the Pennsylvania state average of $25.69 SF/Yr.
By space type, the market includes 44 conventional restaurants, 20 other restaurants and 19 coffee shops — coffee shops typically offer the lowest entry point, while conventional restaurants command the highest rates.