Commercial Lease Cost in Pennsylvania
Updated July 2026 · Pennsylvania commercial real estate rates
Calculate Commercial Lease Cost in Pennsylvania
Commercial Lease Rates in Pennsylvania
| Space Type | /sqft/yr | 1,000 sqft/mo | National |
|---|---|---|---|
| Office A | $64.80 | $5,400 | $60/sqft |
| Office B | $30.24 | $2,520 | $28/sqft |
| Retail Prime | $37.80 | $3,150 | $35/sqft |
| Retail Secondary | $19.44 | $1,620 | $18/sqft |
| Warehouse | $12.96 | $1,080 | $12/sqft |
| Industrial | $10.80 | $900 | $10/sqft |
Commercial Real Estate in Pennsylvania
Philadelphia Center City Class A office runs $30–$50/sqft/yr; University City and King of Prussia are more affordable. Pittsburgh's revitalized Strip District and Oakland offer Class A tech-sector office at $28–$45/sqft/yr. Both cities have significant post-pandemic office vacancy, providing tenants meaningful leverage on lease terms and tenant improvement allowances.
Key Lease Terms to Understand
- • NNN: Tenant pays base rent + property taxes + insurance + maintenance
- • CAM charges: Common area maintenance; add $3–$8/sqft/yr typically
- • Rent escalations: Typically 2–4% annually built into lease
- • TI allowance: Tenant improvement allowance from landlord for build-out
- • Personal guarantee: Landlords often require for small businesses
Negotiation Tips
- • Get a tenant's broker — they're paid by the landlord, not you
- • Negotiate free rent periods (1–3 months is common in soft markets)
- • Push for higher TI allowance vs. lower rent
- • Include a subletting clause for flexibility
True Total Occupancy Cost in Pennsylvania — NNN Lease
NNN leases list only base rent — but total occupancy cost includes CAM charges, utilities, and insurance. Here's the real annual cost for 1,000 sqft in Pennsylvania.
| Space Type | Base Rent/yr | +CAM/yr | Total/yr |
|---|---|---|---|
| Office A | $64,800 | +$5,400 | $70,200 |
| Office B | $30,240 | +$5,400 | $35,640 |
| Retail Prime | $37,800 | +$4,320 | $42,120 |
| Retail Secondary | $19,440 | +$4,320 | $23,760 |
| Warehouse | $12,960 | +$1,620 | $14,580 |
| Industrial | $10,800 | +$1,620 | $12,420 |
Based on 1,000 sqft. CAM includes property tax, insurance, and maintenance pass-throughs. 3-year total assumes 3.5% annual escalation. Add utilities ($1.50–$3.50/sqft/yr) for full occupancy cost.
Find Commercial Space in Pennsylvania
Connect with commercial real estate brokers and search available spaces in Pennsylvania.
Search Commercial Space →