Philadelphia, PA Commercial Real Estate for Lease and Sale

Explore 629 listings of Philadelphia commercial real estate to find the best space for your business.

1730 S 25th St

1730 S 25th St, Grays Ferry, Philadelphia, PA
Property

Industrial

2,000 SF
Availability

1 Space

2,000 SF
Year Built

1925
For Lease

$3,500.00/MO
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126 South 8th Street

126 South 8th Street, Washington Square West, Philadelphia, PA
Property

Retail

2,472 SF
For Sale

$1,899,000
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2781 Roberts Avenue

2781 Roberts Avenue, Hunting Park Industrial Area, Philadelphia, PA
Property

Industrial

26,500 SF
Year Built

1960
For Sale

$2,600,000
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9,000 SF Pad Site Available at Knights Road Shopping Center

4000 Woodhaven Road, Millbrook, Philadelphia, PA
Property

Retail
Availability

1 Space

9,000 SF
For Lease Contact for pricing
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Rockerfeller Group Logistics Center - Building 2

15000 Roosevelt Blvd, Byberry, Philadelphia, PA
Property

Industrial

338,208 SF
Availability

1 Space

330,000 SF
Year Built

2025
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Philadelphia commercial real estate market incorporates 46,355,967 square feet of office space across 180 buildings.
  
  Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Philadelphia, the coworking segment of the commercial real estate market incorporates about 3,506 square feet.
- Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Philadelphia commercial real estate market includes 11,827,854 square feet of retail space in a variety of settings.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Philadelphia market, there is a total of 14,404,184 square feet of industrial property.
The listing inventory in Philadelphia incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Philadelphia is represented by Office space, which accounts for 9,431,670 square feet of available listings. Industrial space available in Philadelphia adds up to 8,125,750 square feet.

Meanwhile, most of the listings of commercial property for sale in Philadelphia are in the Industrial category.
The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.
The average rent for commercial real estate space listed for lease in Philadelphia is $26.05 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Philadelphia can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $38.14 per square foot, industrial space in Philadelphia saw average rents of $11.93 per square foot.
Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Philadelphia, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Philadelphia is in the Center City West neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Center City West area.

Meanwhile, retail space opportunities are most abundant in the Center City West submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Kensington.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.
Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $75 per square foot. In particular, the property type commanding the highest lease rates in Philadelphia was Retail space.

Conversely, the highest sale price last year was $44,150,000 that is located at 3615 Chestnut Street.
The average size of a commercial property in Philadelphia depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:
- In Philadelphia, the average size of an office property is 313,216 square feet.
- Retail properties here incorporate an average of 77,307 square feet.
- Industrial space in Philadelphia is in buildings that are, on average 158,288 square feet in size.

Philadelphia, PA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Philadelphia currently add up to 21,467,442 square feet. The market offers 164 active office listing(s), which amount to 9,431,670 square feet and account for 35% of commercial spaces on the market. Local retail availability includes 2,172,877 square feet across 197 retail space(s). Industrial space for rent opportunities in Philadelphia amount to 8,125,750 square feet across a total of 73 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	164	9,431,670
Retail	197	2,172,877
Industrial	73	8,125,750
Other	23	1,737,145

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Philadelphia, PA. Currently, there is 2,703,195 square feet of commercial property for sale here , which includes 16 office building(s) for sale , 29 retail investment opportunity listing(s) , and 32 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	16	450,738
Retail	29	340,327
Industrial	32	1,316,728
Other	45	595,402

Philadelphia, PA Commercial Real Estate Market Overview

Philadelphia is one of the most historic cities in the country, as well as one of the oldest. As such, it’s home to a lot of firsts for the United States, including the first library, hospital, national capital and business school. The city is also incredibly diverse, with more sculptures and murals than any other city in America.

While tourism and trade have been cornerstones for commerce in the city, Philadelphia is also an emerging tech, biotech and life sciences hub. And with high-quality universities in the area, the environment is rife with start-ups and a budding venture capital hub.

Philadelphia Commercial Real Estate Overview

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Philadelphia, PA Commercial Real Estate for Lease and Sale

1730 S 25th St

126 South 8th Street

2781 Roberts Avenue

9,000 SF Pad Site Available at Knights Road Shopping Center

Rockerfeller Group Logistics Center - Building 2

Frequently Asked Questions

Philadelphia, PA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Philadelphia, PA Commercial Real Estate Market Overview

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