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6 Reasons to Consider Ardmore Office Space for Lease

A central suburb of Philadelphia, Ardmore is nothing new. In fact, it's been staking its claim as one of the most desirable suburban towns in Pennsylvania for decades. 

Home to more than 12,000 residents according to the 2010 census, it's conveniently located only 11 miles from downtown Philadelphia. A relatively young, family-oriented population that is more affluent than its surroundings round out the appeal of this town especially for businesses.

Of course, organizations looking to lease office space in Ardmore, PA have a number of considerations that have to be true before they can make the move. In many respects, this town has what your business is looking for. More specifically, consider these 6 reasons to relocate your business to Ardmore.

1) Accessibility to a Major Market

We'll get into some more Ardmore-specific benefits of starting a business and leasing office space in Ardmore below. At the same time, it's impossible to start any benefits of the city without mentioning its proximity to Philadelphia, one of the nation's premier media and commercial markets.

Any company doing business in Ardmore has natural access to that market. Downtown Philadelphia is only 11 miles away, a convenient 30-minute commute via car that is made even easier through direct train access into the city. It's the reasons most residents here commute for work into the city, but it also means access to a large infrastructure and potential partners in the same zone.

Of course, a location that close to Philadelphia also means relatively easy access to other markets like New York City, Baltimore, and Washington, D.C. Any company with a business interest will appreciate not having to spend multiple days just to access these markets.

2) An Affluent, Educated Talent Pool

Ardmore is considered one of the most livable towns in all of Pennsylvania, and that fact shows when considering some of the statistics when it comes to residents of the suburb:

  • A median age of 39.7 years, almost a year younger than the Pennsylvania average.
  • Estimated home values above $300,000, almost twice as much as the PA average.
  • Estimated mean incomes of more than $150,000.
  • 63% of residents have at least a college degree, twice the national average.

Add it all up, and you get a talent pool that's difficult to find in most cities. No matter the industry, you will likely find professionals looking to start or continue their career with your business. In addition, nearby higher education institutions like Bryn Mawr College, Villanova University, Eastern University, and the many Philadelphia universities offer a great talent pipeline for almost every industry.

3) Landmark Retail Opportunities

Ask any local, and you'll get the same answer for Ardmore's claim to faim: it's deep roots in retail. In total, more than 250 retailers have found their home here, including specialty sellers of toys, olive oil, and organic cosmetics. Of course, you'll also find the heavy hitters like Apple here, serving their core audiences.

It doesn't end there. The Suburban Square shopping center opened in 1928, and was one of the first of its kind in the entire United States. The building still operates today. Employees will enjoy the shopping opportunities, while businesses appreciate the fact that Ardmore has become a shopping destination drawing in visitors from the entire Philadelphia Metro Area.

4) Activities and Nightlife to Retain Talent

Attracting talent can be difficult in small towns that don't necessarily offer the opportunity for your employees to have some fun when the work day is over. The opposite is true in Ardmore, a town long known for its active social life that can always offer Philadelphia as an escape if needed.

A number of parks surround the suburbs and offer plenty of hiking and recreational opportunities. The farmer's market is perfect for anyone looking for some alternative foods. The Ardmore Music Hall hosts musical guests that range from classical music to alt rock. And of course, your team can always escape to Philadelphia for an Eagles game, pub crawl, or team building activity.

5) Great Office Spaces to Lease in Ardmore

Let's not forget another major reason that makes Ardmore so attractive for potential businesses: the office space for lease here is exceptional. Many of the opportunities available are either right in or near the action, allowing your team to become a full part of the community even as it builds out the business for long-term success.

Leasing opportunities range from executive suites all the way to large-scale open office plans. You just have to know what to look for. And of course, the variety of open opportunities also means that you can expand without having to move into a different town yet again.

6) A Positive Trend Into the Future

Finally, it's important to note that the positive facts and numbers related to Ardmore are not slated to change anytime soon. This town will remain just what it is today: an affluent, livable extension of Philadelphia, just far enough away from the big city to avoid the hectic rush but close enough to reap the same rewards as a downtown office.

Population characteristics, income levels, and affluency are projected to hold steady over the next few years. Home values are on the rise, meaning that office space leasing should happen sooner rather than later. This is a place to move and to stay for any business in need of big market access.

Finding Office Space for Lease in Ardmore, PA

Convinced yet? In many ways, Ardmore is the perfect home for both small and growing businesses looking to make a permanent home. Its Philadelphia access is undeniably its biggest advantage, but the talent pool, recreational opportunities, and available office space should not be ignored either. 

With that in mind, you still have to make sure that you find the right space for your needs. That's where our experts can help you. Check out the free office space finder tool on our website, or contact us directly with any questions. We value Ardmore as one of our featured locations, and want to help you make a permanent business home here.

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Useful Statistics for businesses looking for office space in Ardmore
  Ardmore PA State
2016 Estimated Population 12,592 12,783,977
Median Age 39.7 40.6
Housing Units 5,927 5,592,175
Occupied 5,549 4,961,929
Owned 3,380 3,425,706
Rented 2,169 1,536,223
Average Household Size 2.27 2.49
Rental Vacancy Rate 4.9% 5.8%
Homeowner Vacancy Rate 3.3% 1.7%
Median Home Value $309,600 $167,700
Median Monthly Rental Cost $1,267 $859
Estimated Mean Income $156,977 $90,446
Median Household Income $80,625 $54,895
Percent of Individuals below poverty level 8.5% 13.3%
Educational Attainment: Percent high school graduate or higher 94.3% 89.5%
Educational Attainment: Percent high school graduate 12.9% 36%
Educational Attainment: Percent with some College 12.9% 16.2%
Educational Attainment: Percent bachelor degree or higher 63.1% 29.3%
Average Commute time in minutes 26.8 26.5
Commute 6,865 5,922,289
Commute by car, truck or other vehicle - Drive Alone 4,588 4,529,634
Commute by car, truck or other vehicle - Carpool 381 505,994
Use Public Transportation 973 329,912
Work from Home 428 247,777
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