Philadelphia, PA Retail Space for Lease

Search 263 retail listings in Philadelphia, PA and find helpful local stats in the Market Overview section below.

Corner of Lancaster & Girard Avenues

4725 W Girard Ave, Cathedral Park, Philadelphia, PA
Property Type

Retail
For Lease

$25.00/SF/YR
1 space available / 85,000 SF
View Details (opens in new window)
Retail Space in Queen Village for Lease

624-32 S 5th St, Queen Village Pennsport, Philadelphia, PA
Property Type

Retail
For Lease contact for pricing

1 space available / 1,400 SF
View Details (opens in new window)
Blue Grass Plaza

2417 Welsh Road, Ashton - Woodenbridge, Philadelphia, PA
Property Type

Retail
For Lease contact for pricing

2 spaces available / 637 - 3,000 SF
View Details (opens in new window)
Novelty Building

15 S 3rd St, Old City, Philadelphia, PA
Property Type

Retail
For Lease

$25.00 - $28.00/SF/YR
3 spaces available / 3,475 - 3,600 SF
View Details (opens in new window)
For Lease 3,800 SF Fitness Center

1013 Chestnut St, Market East, Philadelphia, PA
Property Type

Retail
For Lease contact for pricing

1 space available / 3,800 SF
View Details (opens in new window)
1701 N 2nd Street

1701 N 2nd Street, Kensington South, Philadelphia, PA
Property Type

Retail
For Lease

$28.50 - $342.00/SF/YR
2 spaces available / 1,357 - 3,585 SF
View Details (opens in new window)
CHUBB Headquarters

2000 Arch Street, Logan Square, Philadelphia, PA
Property Type

Retail
For Lease contact for pricing

1 space available / 2,335 SF
View Details (opens in new window)

Retail Space Rents in Philadelphia, PA

Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Philadelphia asks $26.25 per square foot.

Retail Space Lease Types in Philadelphia, PA

The most common type of lease agreement you’ll find here is NNN, with 66 space(s) available under this type of arrangement. The local market is also home to 8 retail space(s) offered under a Full Service lease agreement type, and 5 Modified Gross listing(s).

Most Common Type of Lease for Retail Buildings in Philadelphia, PA

NNN 66
Full Service 8
Modified Gross 5

Average Size of Retail Space for Lease in Philadelphia, PA

The average size for this type of rental opportunity in Philadelphia is 1,000 sqft to 2,500 sqft. Currently, the local market offers 143 listing(s) within that size range. You can also search 113 listing(s) in the more than 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.

Retail Space Types You Can Lease in Philadelphia, PA

Retail space in Philadelphia comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Street Retail and you can find 70 such space(s) available.  

Street Retail spaces listed for rent here have an average size of 4,854 square feet. You’ll find street retail spaces are mostly located in urban and suburban areas that have high foot traffic. This type of space is often a great choice for smaller retailers that are looking for well-positioned points of sale.

The local market is also home to 16 space(s) listed as Power Center. The average size you can expect to find for this category is 10,883 square feet. Power centers bring together large anchor tenants as well as smaller retail spaces for other businesses that want a piece of the great foot traffic that this type of shopping center can generate.

What’s more, you can find 9 listing(s) in the Restaurant category, currently available in the average size of 3,083 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.

Number of Retail Spaces for Lease in Philadelphia, PA, by Use Type

Street Retail

Power Center

Restaurant

Regional Mall

Interior Retail

Average Retail Listing Size in Philadelphia, PA, by Use Type

Street Retail

4,854 sq. ft.

Power Center

10,883 sq. ft.

Restaurant

3,083 sq. ft.

Regional Mall

68,280 sq. ft.

Interior Retail

4,322 sq. ft.

However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.

Top Locations to Lease Retail Space in Philadelphia, PA

In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.

Center City West is your top choice for lease opportunities, as it is currently home to the highest number of listings — 53 retail space(s). The most popular space type here is Street Retail. You can find 22 such listing(s) here.

Philadelphia’s second most popular area is Old City, where you can find 27 retail listing(s). The most likely type of space you can rent here is Street Retail. If this is the kind of property you are looking for, you will find 6 listing(s) available here.

Girard Estates is also among the best areas to search for your next commercial space. Here you can find 24 retail space(s) available for consideration by prospective tenants, of which 6 are Regional Mall.

Top Locations to Lease Retail Space in Philadelphia, PA

Center City West

Old City

Girard Estates

Northern Liberties

Washington Square West

Key Factors to Consider When Choosing a Retail Space for Lease

When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.

Data based on retail spaces listed for rent on CommercialSearch.com

Recent Retail Market News

High Real Estate Buys Philly Retail Center

JLL Capital Markets brokered the deal for the seller.

Empire Realty Sells Philly Shopping Center

This grocery-anchored property previously traded in 1989.

KPR Centers Pays $42M for Philadelphia-Area Mall

The property features nearly 40 retailers and restaurants.

Nuveen Buys Philly-Area Shopping Center

MetLife had acquired the property in 2017 for $57 million.

Simon Doubles Down on Experiential Retail

The mall giant is expanding its offering at flagship locations.

About Us

CommercialSearch collaborates with highly respected major brokerages nationwide to provide frequently updated high-quality listings. Find all commercial property types on our marketplace, from office, coworking, retail, and industrial to special purpose properties.

CommercialSearch is a trusted Yardi listing service and an essential element of the fast-growing CommercialEdge network, which ranks on the 1st page of Google for all top markets across its multiple platforms, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts yearly.

Philadelphia, PA Retail Space for Lease

Corner of Lancaster & Girard Avenues

Retail Space in Queen Village for Lease

Blue Grass Plaza

Novelty Building

For Lease 3,800 SF Fitness Center

1701 N 2nd Street

CHUBB Headquarters

Retail Space Rents in Philadelphia, PA

Retail Space Lease Types in Philadelphia, PA

Most Common Type of Lease for Retail Buildings in Philadelphia, PA

Average Size of Retail Space for Lease in Philadelphia, PA

Retail Space Types You Can Lease in Philadelphia, PA

Number of Retail Spaces for Lease in Philadelphia, PA, by Use Type

Average Retail Listing Size in Philadelphia, PA, by Use Type

Top Locations to Lease Retail Space in Philadelphia, PA

Top Locations to Lease Retail Space in Philadelphia, PA

Key Factors to Consider When Choosing a Retail Space for Lease

Other Popular Searches

Popular Commercial Searches

Recent Retail Market News

High Real Estate Buys Philly Retail Center

Empire Realty Sells Philly Shopping Center

KPR Centers Pays $42M for Philadelphia-Area Mall

Nuveen Buys Philly-Area Shopping Center

Simon Doubles Down on Experiential Retail

About Us

Resources