Philadelphia, PA Restaurants for Lease
Philadelphia, PA Restaurants Lease Rates & Market Statistics
Explore 83 Restaurants for lease in Philadelphia, PA on Realmo, a commercial real estate exchange covering the Philadelphia area. The current inventory totals 278,098 square feet of properties — an average of ~3,350 SF per listing.
Asking lease rates for Restaurants in Philadelphia start at $12.59 SF/Yr, average $25.08 SF/Yr, and reach $33.60 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 $25.08 SF/Yr is 22% below the Pennsylvania state average of $32.17 SF/Yr.
By space type, the market includes 45 conventional restaurants, 18 coffee shops and 16 commercial kitchens — conventional restaurants typically offer the lowest entry point, while commercial kitchens command the highest rates.
