Industrial Property for Lease in Philadelphia, PA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Philadelphia, PA 19153
  • Size: 123,466 SF

Description

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Market Context

This industrial in Philadelphia, PA is listed for lease across 123,466 SF. It has been on the market for 22 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).

Unified Estimate

Very Low Confidence

$2.07/SF/mo – $2.80/SF/mo

Mid: $2.44/SF/mo

Total estimate for 123,466 SF: $301,257

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market denver (similarity: 89%) with 4 comparable listings.

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