Philadelphia, PA Retail Space for Lease

Search 206 retail listings in Philadelphia, PA and find helpful local stats in the Market Overview section below.

1,784 SF | 30-36 S 15th St | Turn-key Cafe/Restaurant W/ Equipment For Lease

30-36 S 15th St, Center City West, Philadelphia, PA
Property

Retail

285,125 SF
Availability

1 Space

1,784 SF
Year Built

1985
For Lease Contact for pricing
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1314 Spring Garden Street

1314 Spring Garden Street, Callowhill, Philadelphia, PA
Property

Retail
Availability

1 Space

1,609 SF
For Lease

$40.00/SF/YR
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2,100 SF | 1701 Race Street | Retail Space for Lease

1701 Race Street , Logan Square, Philadelphia, PA
Property

Retail

2,100 SF
Availability

1 Space

2,100 SF
For Lease Contact for pricing
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2216 Walnut St

2216 Walnut St, Rittenhouse Square, Philadelphia, PA
Property

Retail

7,444 SF
Availability

1 Space

1,440 SF
Year Built

1913
For Lease

$40.00/SF/YR
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4300 Kelly Drive

4300 Kelly Drive, East Falls, Philadelphia, PA
Property

Retail

208,395 SF
Availability

2 Spaces

6,532 SF
Year Built

2023
For Lease Contact for pricing
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1625 Ridge Ave

1625 Ridge Ave, Francisville, Philadelphia, PA
Property

Retail

1,223 SF
Availability

1 Space

1,223 SF
Year Built

2016
For Lease Contact for pricing
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1802 Chestnut St

1802 Chestnut St, Center City West, Philadelphia, PA
Property

Retail
Availability

1 Space

1,100 SF
Year Built

1900
For Lease Contact for pricing
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Castor Place

7301 Castor Avenue, Rhawnhurst, Philadelphia, PA
Property

Retail

184,097 SF
Availability

1 Space

3,235 SF
Year Built

1953
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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Shops at Schmidt's

180 West Girard Avenue, Northern Liberties, Philadelphia, PA
Property

Retail

92,049 SF
Availability

2 Spaces

6,931 SF
Year Built

2011
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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1725 S 25th St

1725 S 25th St, Point Breeze, Philadelphia, PA
Property

Retail

11,536 SF
Availability

1 Space

6,000 SF
Year Built

1925
For Lease

$12.00/SF/YR
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1604 Chestnut Street

1604 Chestnut Street, Center City West, Philadelphia, PA
Property

Retail
Availability

1 Space

2,629 SF
For Lease Contact for pricing
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4124 Haverford Avenue

4124 Haverford Avenue, West Powelton, Philadelphia, PA
Property

Retail
Availability

2 Spaces

5,970 SF
For Lease Contact for pricing
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2,550 SF - 15,500 SF | New Construction in Brewerytown | The Gio

2630 W. Girard Ave, Fairmount, Philadelphia, PA
Property

Retail

15,500 SF
Availability

2 Spaces

15,500 SF
Year Built

2024
For Lease Contact for pricing
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Roosevelt Mall

2329 Cottman Avenue, Rhawnhurst, Philadelphia, PA
Property

Retail

581,693 SF
Availability

5 Spaces

18,095 SF
Year Built

1945
For Lease Contact for pricing
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4301 Chestnut Street

4301 Chestnut Street, Spruce Hill, Philadelphia, PA
Property

Retail
Availability

2 Spaces

9,924 SF
Year Built

2022
For Lease

$35.00/SF/YR
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545 SF | 1324 Walnut St | Glass Frontage Corner Retail Space For Lease

1324 Walnut St, Washington Square West, Philadelphia, PA
Property

Retail

12,288 SF
Availability

1 Space

545 SF
For Lease Contact for pricing
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4161 Ridge Ave

4161 Ridge Ave, East Falls, Philadelphia, PA
Property

Retail

2,988 SF
Availability

1 Space

1,100 SF
Year Built

1939
For Lease

$1,900.00/MO
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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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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 $33.26 per square foot.

Retail Space Lease Types in Philadelphia, PA

The most common type of lease agreement you’ll find here is NNN, with 98 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 8 Modified Gross listing(s).

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

NNN 98
Full Service 8
Modified Gross 8

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 111 listing(s) within that size range. You can also search 97 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 90 such space(s) available.  

Street Retail spaces listed for rent here have an average size of 4,104,146 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 12 space(s) listed as Restaurant. The average size you can expect to find for this category is 3,524 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.

What’s more, you can find 6 listing(s) in the Regional Mall category, currently available in the average size of 68,280 square feet. Regional shopping centers or regional malls are among the largest retail properties you can find. They tend to bring together a large number of customers with a wide array of businesses ready to cater to a diverse array of needs and interests.

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

Street Retail

90

Restaurant

12

Regional Mall

6

Interior Retail

6

Neighborhood Center

1

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

Street Retail

4,104,146 sq. ft.

Restaurant

3,524 sq. ft.

Regional Mall

68,280 sq. ft.

Interior Retail

3,516 sq. ft.

Neighborhood Center

3,760 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 — 35 retail space(s). The most popular space type here is Street Retail. You can find 20 such listing(s) here.

Philadelphia’s second most popular area is Old City, where you can find 28 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 10 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

35

Old City

28

Girard Estates

24

Rittenhouse Square

12

Parkwood

11

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

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.

Philly-Area Shopping Center Trades for $18M

LS Property Investments purchased the 101-651-square-foot property.

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