Philadelphia, PA Retail Space for Lease

Search 247 retail listings in Philadelphia, PA and find helpful local stats in the Market Overview section below.

Rittenhouse Square

1709 Walnut Street, Center City West, Philadelphia, PA
Property

Retail

2,891 SF
Availability

1 Space

2,891 SF
For Lease Contact for pricing
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1112-1128 Chestnut Street

1112-1128 Chestnut Street, Washington Square West, Philadelphia, PA
Property

Retail

40,000 SF
Availability

3 Spaces

42,517 SF
For Lease Contact for pricing
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6,700 SF | 814 N 2nd St | Retail Space in Northern Liberties

814 N 2nd St, Northern Liberties, Philadelphia, PA
Property

Retail

42,000 SF
Availability

1 Space

6,700 SF
Year Built

2024
For Lease Contact for pricing
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Center City Retail With Parking for Lease

2301 Walnut St, Center City West, Philadelphia, PA
Property

Retail
Availability

1 Space

10,300 SF
For Lease Contact for pricing
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1,250 SF | 40 E Oregon Ave | New Retail Space in South Philly

40 E Oregon Ave, Whitman, Philadelphia, PA
Property

Retail

6,400 SF
Availability

1 Space

1,250 SF
For Lease Contact for pricing
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3,600 SF | Commerce Square | Retail Space for Lease

2001-2005 Market Street, Center City West, Philadelphia, PA
Property

Retail

14,578 SF
Availability

1 Space

3,600 SF
For Lease Contact for pricing
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3701 Chestnut Street

3701 Chestnut Street, University City, Philadelphia, PA
Property

Retail

22,950 SF
Availability

2 Spaces

18,450 SF
For Lease Contact for pricing
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616 S 6th St

616 S 6th St, Bella Vista, Philadelphia, PA
Property

Retail

2,112 SF
Availability

1 Space

800 SF
Year Built

1905
For Lease

$27.00/SF/YR
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2026-2058 Market Street

2026-2058 Market Street, Center City West, Philadelphia, PA
Property

Retail

1,731 SF
Availability

1 Space

1,731 SF
For Lease Contact for pricing
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Three Logan Square

1717 Arch Street, Logan Square, Philadelphia, PA
Property

Office

1,029,413 SF
Availability

12 Spaces

132,910 SF
Year Built

1990
For Lease

$20.00 - $40.50/SF/YR
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Retail Space in Queen Village for Lease

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

Retail
Availability

1 Space

1,400 SF
For Lease Contact for pricing
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1624 Locust Street

1624 Locust Street, Rittenhouse Square, Philadelphia, PA
Property

Retail
Availability

2 Spaces

11,400 SF
For Lease Contact for pricing
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1,350 SF | 325 Chestnut St | Retail Space in Old City

325 Chestnut St, Old City, Philadelphia, PA
Property

Retail

206,816 SF
Availability

1 Space

1,350 SF
Year Built

1957
For Lease Contact for pricing
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One Logan Square

130 North 18th Street, Logan Square, Philadelphia, PA
Property

Office

595,041 SF
Availability

6 Spaces

62,799 SF
Year Built

1981
For Lease

$30.50 - $60.00/SF/YR
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4,650 SF | Commerce Square | Retail Space for Lease

2001-2005 Market Street, Center City West, Philadelphia, PA
Property

Retail

14,578 SF
Availability

1 Space

4,650 SF
For Lease Contact for pricing
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1703 Chestnut Street

1703 Chestnut Street, Center City West, Philadelphia, PA
Property

Retail

750 SF
Availability

2 Spaces

1,278 SF
For Lease Contact for pricing
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1501 North 31st Street

1501 North 31st Street, Brewerytown, Philadelphia, PA
Property

Retail
Availability

1 Space

2,750 SF
For Lease

$25.00/SF/YR
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1705 & 1775 N American Street

1705 & 1775 N American Street, Kensington South, Philadelphia, PA
Property

Retail

19,256 SF
Availability

3 Spaces

6,529 SF
For Lease Contact for pricing
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2,900 SF | 814 N 2nd St | Retail Space in Northern Liberties

814 N 2nd St, Northern Liberties, Philadelphia, PA
Property

Retail

42,000 SF
Availability

1 Space

2,900 SF
For Lease Contact for pricing
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The Anchorage on Kelly

4442 Ridge Avenue, East Falls, Philadelphia, PA
Property

Retail

9,950 SF
Availability

1 Space

9,950 SF
For Lease Contact for pricing
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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 $33.41 per square foot.

Retail Space Lease Types in Philadelphia, PA

The most common type of lease agreement you’ll find here is NNN, with 96 space(s) available under this type of arrangement. The local market is also home to 12 retail space(s) offered under a Full Service lease agreement type, and 9 Modified Gross listing(s).

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

NNN 96
Full Service 12
Modified Gross 9

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 130 listing(s) within that size range. You can also search 120 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 98 such space(s) available.  

Street Retail spaces listed for rent here have an average size of 3,440 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 17 space(s) listed as Power Center. The average size you can expect to find for this category is 8,702 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 8 listing(s) in the Restaurant category, currently available in the average size of 4,990 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

98

Power Center

17

Restaurant

8

Regional Mall

6

Interior Retail

6

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

Street Retail

3,440 sq. ft.

Power Center

8,702 sq. ft.

Restaurant

4,990 sq. ft.

Regional Mall

68,280 sq. ft.

Interior Retail

3,375 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 — 49 retail space(s). The most popular space type here is Street Retail. You can find 24 such listing(s) here.

Philadelphia’s second most popular area is Girard Estates, where you can find 33 retail listing(s). The most likely type of space you can rent here is Power Center. If this is the kind of property you are looking for, you will find 7 listing(s) available here.

Old City is also among the best areas to search for your next commercial space. Here you can find 31 retail space(s) available for consideration by prospective tenants, of which 10 are Street Retail.

Top Locations to Lease Retail Space in Philadelphia, PA

Center City West

49

Girard Estates

33

Old City

31

Northern Liberties

23

Rittenhouse Square

13

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

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Recent Retail Market News

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.

Blenheim Group Kicks Off Philly-Area Mixed-Use Project

This development is the final phase of a 1,500-acre master-planned community.

DRA Advisors JV Secures $55M for Philly Shopping Center

The owner purchased the asset in an $879 million portfolio transaction.

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