Philadelphia, PA Retail Properties & Spaces for Lease
Philadelphia, PA Retail properties & Spaces Lease Rates & Market Statistics
Explore 616 Retail properties & Spaces for lease in Philadelphia, PA on Realmo, a commercial real estate exchange covering the Philadelphia area. The current inventory totals 2,406,738 square feet of properties — an average of ~3,900 SF per listing.
Asking lease rates for Retail properties & Spaces in Philadelphia start at $3.32 SF/Yr, average $25.08 SF/Yr, and reach $100 SF/Yr at the top of the market. That's a 30x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $25.08 SF/Yr is 33% above the Pennsylvania state average of $18.83 SF/Yr.
By space type, the market includes 281 storefront properties, 53 shopping centers and 16 other retail properties — shopping centers typically offer the lowest entry point, while storefront properties command the highest rates.
