Philadelphia, PA Retail Properties & Spaces for Lease
Philadelphia, PA Retail properties & Spaces Lease Rates & Market Statistics
Explore 741 Retail properties & Spaces for lease in Philadelphia, PA on Realmo, a commercial real estate exchange covering the Philadelphia area. The current inventory totals 3,939,622 square feet of properties — an average of ~5,300 SF per listing.
Asking lease rates for Retail properties & Spaces in Philadelphia start at $3.32 SF/Yr, average $25.07 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 $25.07 SF/Yr is 20% above the Pennsylvania state average of $20.82 SF/Yr.
By space type, the market includes 306 storefront properties, 75 shopping centers and 21 grocery and convenience stores — shopping centers typically offer the lowest entry point, while storefront properties command the highest rates.
