Industrial Property for Lease in Philadelphia, PA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Philadelphia, PA
  • Size: 70,310 SF
  • Year built: 2026

Description

11731 Caroline Road - Available for lease

Market Context

This industrial in Philadelphia, PA is listed for lease across 70,310 SF. The building dates to 2026. It has been on the market for 177 days. Compare it against other industrial listings for lease in Philadelphia, PA — <a href="/search/lease/industrial/pennsylvania/philadelphia">view the full market</a>.

As of Q1 2026, the Philadelphia industrial market showed a 3.8% vacancy rate, average asking rents near $14.00/SF/yr, rents up 3.8% year over year, and cap rates around 5.5%. Source: Consensus Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Industrial market FAQ

What is the typical cap rate for industrial in Philadelphia?
About 5.5% as of Q1 2026, per Consensus.
Is the Philadelphia industrial market tightening or softening?
Vacancy is around 3.8%, with asking rents rising year over year (Q1 2026).

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