Industrial in Philadelphia, PA — Lease in Philadelphia, PA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Philadelphia, PA 19125

Description

Last Mile - 97,000 SF Available Immdiately 97,000 SF, 5-10 potential tailgates, 6,000 SF recently renovated office space.

Market Context

This industrial in Philadelphia, PA is listed for lease. It has been on the market for 196 days. Compare it against other industrial listings for lease in Philadelphia, PA — view the full market.

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: multiple brokerage reports, Q1 2026.

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 multiple brokerage reports.
Is the Philadelphia industrial market tightening or softening?
Vacancy is around 3.8%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$1.02/SF/mo – $1.37/SF/mo

Mid: $1.20/SF/mo

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

Based on comparable properties in similar markets rather than local sales.

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