Average Rent for Retail Space in Philadelphia, PA
The average cost to rent retail space in Philadelphia comes to $24.86 per square foot based on our latest listing data.
The lowest cost you'll find stands at $10, while rents can cost up to $54.19 for premium properties.
Available Retail Inventory in Philadelphia, PA
There are currently 272 retail properties listed for lease in Philadelphia, totaling 1,942,072 square feet.
The average size of a retail property listed for lease here is 5,152 square feet. Listed properties range from 1 to 85,000 square feet.
The largest number of retail spaces in Philadelphia are sized 1,000 to 2,500 square feet, with 130 retail listings of this size. These properties cost $32 per square foot on average, based on our live listings.
Philadelphia is also home to 115 listings that are more than 5,000 square feet, asking an average rent of $20.
Retail Size Bucket
No. of Listings
More than 5,000 sq. ft.
115
2,500 to 5,000 sq. ft.
86
1,000 to 2,500 sq. ft.
130
Less than 1,000 sq. ft.
48
Retail Lease Types in Philadelphia, PA
The most common retail lease type in Philadelphia is NNN, with 65 spaces available for rent under such an agreement.
You can also find 7 Full Service lease options and 3 Modified Gross listings.
Philadelphia, PA Retail Listings, by Lease Type
- NNN
65
- Full Service
7
- Modified Gross
3
The data presented in this table was collected based on retail spaces for rent listed on PropertyShark.com and was last updated on October 7, 2026.
Types of Retail Properties for Lease in Philadelphia, PA
The largest share of the Philadelphia retail market is held by the Street Retail category, with 82 listings. Street Retail spaces average 4,904 square feet.
There are also 22 Restaurant spaces, which have an average square footage of 2,463 square feet.
The third most common type of retail space is Power Center at 19 listings, spanning 8,924 square feet on average.
Philadelphia, PA Retail Spaces for Lease, by Use Type
- Street Retail
82
- Restaurant
22
- Power Center
19
- Freestanding
4
- Strip Center
1
The data presented in this table was collected based on retail spaces for rent listed on PropertyShark.com and was last updated on October 7, 2026.
Top Neighborhoods for Retail Space in Philadelphia, PA
Center City West has the highest count of retail spaces out of all Philadelphia neighborhoods, being currently home to 38
listings.
The most popular retail space type here is Street Retail with 22 listings.
Old City has the second-highest number of retail listings at 27.
Center City East is next with 22 retail listings.
Center City West
38
Old City
27
Center City East
22
Market East
18
Northern Liberties
17