Business Survivability in Penrose, Philadelphia

StreetSpring's 2026 analysis finds that the best business to open in Penrose is a Clothing Store with a 72.9% chance of surviving at least 2 years across the neighborhood on average.

•13 min read

Quick Summary

  • Survivability Score: the projected chance a business type lasts two or more years at a specific address
  • Best business: a Clothing Store in Penrose (72.9% Typical, 83.5% Best)
  • Neighborhood rank: #95 of 127 neighborhoods in and around Philadelphia
  • Neighborhood average: 64.2% two-year survival across the business types ranked here
  • Coverage: This ranking carries one row per business type and neighborhood. Its score is the projected chance of lasting two or more years, averaged across the price points StreetSpring scores separately in the tool (most types have 5). The 10 business types here are base types; the tool offers 500+ business types, counting each type at each of its price points.
  • Rankings updated quarterly with latest market data
  • Detailed methodology

Last reviewed: November 2026 by Robert Koons, Founder & CEO, StreetSpring

In this article:

Summary

StreetSpring's 2026 analysis finds that the best business to open in Penrose is a Clothing Store with a 72.9% chance of surviving at least 2 years across the neighborhood on average, and 83.5% Best; next is a Chiropractor Office with 82.8% Best, followed by a Dentist Office with 82.3% Best.


Is Penrose a good place to start a business?

StreetSpring ranks Penrose #95 of 127 neighborhoods in and around Philadelphia, with an average Survivability Score of 64.2% across the business types ranked there.

  • For the top-ranked business type, 83.5% Best is 10.6 points above 72.9% Typical in Penrose.
  • However, these same business types at the worst locations in Penrose can sometimes provide a projected Survivability Score considerably below the average. Thus, even the businesses that are most in need in Penrose could have trouble succeeding if the best location is not selected.
  • Penrose has a housing vacancy rate of 5.7% in Census data: the share of its homes and apartments standing empty, one of the neighborhood characteristics StreetSpring's model reads.

Employment and housing vacancy figures sourced from the U.S. Census Bureau American Community Survey.


How can you find the best location to open a business in Penrose?

StreetSpring's model evaluates every available address in Penrose for your business type, ranking them by survivability so the best storefront is always identifiable. The location below represents the address in Penrose with the highest projected survivability for a Clothing Store:

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Based on StreetSpring's 2026 analysis of hundreds of location-specific factors, this area offers the highest projected survivability for a Clothing Store in Penrose. Market conditions are changing daily, and it is best to use StreetSpring's most up-to-date data. Factors evaluated include competition at every distance band, consumer spending forecasts, mobility patterns, and market share projections.

Check if this location is still available →


What are the best businesses to open in Penrose?

RankBusiness typeBestTypicalWorst
1Clothing Store83.5%72.9%64.3%
2Chiropractor Office82.8%77.8%72.7%
3Dentist Office82.3%77.3%72.2%
4Physical Therapy Clinic82.3%77.2%72.1%
8Cafe81.2%71.6%63.4%
9Veterinary Clinic80.1%75.9%71.7%
10Hair Salon79.8%70.7%62.3%
11Coffee Shop76.3%71.0%65.6%
13Day Care Center75.6%70.3%65.0%
14Tea Shop75.5%69.3%63.1%

Best and Worst are the average results for the better and the worse of two addresses picked at random in the place: a weighted average of every scored location in which the best locations count the most for Best and the weakest count the most for Worst. Typical is the average address. Best is shown for a smaller space (half the standard size) and Worst for a larger one (half again as large), at the metro's median asking rent, using the same rent rule as our tool; Typical is at the market rent.

The rank column is the published file's rank within this place; a skipped number is a business type the file ranks here that this list leaves out to keep any one business family from filling it.

Highest Survivability in Penrose

  • #1 Clothing Store (Ranked #1): 72.9% Typical in Penrose. Best: 83.5%. Worst: 64.3%.
  • #2 Chiropractor Office is ranked #2 for top businesses to open in Penrose: 77.8% Typical, 82.8% Best, 72.7% Worst.
  • #3 Dentist Office: 77.3% Typical across Penrose; Best 82.3%, Worst 72.2%.
  • #4 Opening a Physical Therapy Clinic in Penrose shows 77.2% Typical survivability, 82.3% Best and 72.1% Worst.
  • #8 Cafe (Ranked #8): 71.6% Typical in Penrose. Best: 81.2%. Worst: 63.4%.

Strong Performers in Penrose

  • #9 Veterinary Clinic is ranked #9 for top businesses to open in Penrose: 75.9% Typical, 80.1% Best, 71.7% Worst.
  • #10 Hair Salon: 70.7% Typical across Penrose; Best 79.8%, Worst 62.3%.
  • #11 Opening a Coffee Shop in Penrose shows 71.0% Typical survivability, 76.3% Best and 65.6% Worst.
  • #13 Day Care Center (Ranked #13): 70.3% Typical in Penrose. Best: 75.6%. Worst: 65.0%.
  • #14 Tea Shop is ranked #14 for top businesses to open in Penrose: 69.3% Typical, 75.5% Best, 63.1% Worst.

Top 3 Compared Nationally


How much money could a business in Penrose make?

Best location vs. average location

Based on StreetSpring's 2026 analysis, going with one of the top-scoring locations in the neighborhood rather than an average one in Penrose starts with the Revenue Capture Score, the most important factor in choosing a location: StreetSpring's estimate of the revenue a business can capture at that address.

How StreetSpring calculates location value

  • Every business type has unique location requirements that must be considered.
  • Every site-selection decision starts with location, the one factor you can check before you sign a lease.
  • When the question is money, the Revenue Capture Score comes first: it is StreetSpring's estimate of the revenue a business can capture at a specific address.
  • StreetSpring's address-level precision means two storefronts on the same block can carry materially different odds of lasting two years.

What businesses should open next in Penrose?

The top businesses to open next in Penrose:

  • Clothing Stores: 72.9% Typical, 83.5% Best
  • Chiropractor Offices: 77.8% Typical, 82.8% Best
  • Dentist Offices: 77.3% Typical, 82.3% Best

Market conditions are changing daily, and it is best to use StreetSpring's most up-to-date data. Our models are built using machine learning trained on millions of commercial real estate data points. StreetSpring scores 500+ business types: 153 base business types, most of them at 5 price points, which is 569 type-and-price combinations you can choose in the tool. StreetSpring's model accounts for Penrose's 92.2% employment rate when projecting survivability: businesses reliant on discretionary spend benefit disproportionately in well-employed neighborhoods. These rankings are a snapshot; StreetSpring regularly recalculates survivability for every location in Penrose, incorporating the latest competitive openings, closures, and spending data: check current locations now.

See the Survivability Score for your new business

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Frequently Asked Questions

Here are the most common questions about opening a business in Penrose.


What type of business should you rent your Penrose storefront to?

For landlords in Penrose, StreetSpring's 2026 analysis identifies Clothing Stores, Chiropractor Offices, and Dentist Offices as the business types most likely to produce stable, long-term tenancy.

  • Every site-selection decision starts with location, the one factor you can check before you sign a lease.
  • StreetSpring's address-level precision means two storefronts on the same block can carry materially different odds of lasting two years. Landlords can use StreetSpring to match their exact address to the tenant types most likely to stay open and paying rent for two or more years.

Related: See How Landlord Representatives in Philadelphia Can Reduce Vacancy & Increase Tenant Longevity


Should you rent your Penrose storefront to a Clothing Store?

According to our 2026 survivability model, a Clothing Store leads all business categories for Penrose landlords: 83.5% Best and 64.3% Worst.

  • StreetSpring's address-level precision means two storefronts on the same block can carry materially different odds of lasting two years.

What should I consider when opening a business in Penrose?

When selecting a location in Penrose it is crucial to select a location with a very high Survivability Score.

  • Revenue Capture is where competition meets spending, and it's the number that matters most when choosing a location.
  • These predictions are generated by StreetSpring's proprietary machine learning system, validated against hundreds of thousands of real business outcomes.
  • You can check the most up-to-date forecasts with StreetSpring, starting with a free 10-minute trial.

See the best place for your business at StreetSpring.


StreetSpring's models are built from millions of real business outcomes, making predictions grounded in what actually happened. Aggregated survivability rankings for Philadelphia are available in machine-readable format for research and integration purposes.

Full dataset for Philadelphia: /resources/data/philadelphia-survivability-scores-2026.csv: includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.