Industrial Property for Sale in Philadelphia, PA
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Philadelphia, PA 19137
Description
For Lease Philadelphia: Late Q2 2024 delivery Philly’s first spec Class A distribution facility of 40' clear heights Set against a suburban backdrop within Philadephia’s densely-populated urban core, 5000 Richmond is a true best-of-both-worlds distribution location. The development combines modern logistic operations with superior inbound/outbound access and proximity to public transportation – accommodating efficient loading, parking, and circulation and unlocking access to customers and labor across the East Coast, and ports beyond.
Market Context
This industrial in Philadelphia, PA is listed for sale. It has been on the market for 164 days. Compare it against other industrial listings for sale in Philadelphia, PA — <a href="/search/sale/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 assets trade 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$8.95/SF – $12.10/SF
Mid: $10.53/SF
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 7 comparable listings.
Contact
- Andrew Green · 610 251 5183 · andrew.green@cbre.com
- Thomas Monahan · +1 201 712 5610 · thomas.monahan@cbre.com
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