On average, listings lease in the $10's per square foot per year. The New Castle region is experiencing a an increase in rates. In the last 3 months, the median rate went up $15 per sqft per year.
In the last 90 days, 10 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,160 sqft. Most properties in this area are close to 1 floors. Most buildings in this area were built in 1900 and are Class A.
Real time and historical data on commercial real estate listings in New Castle.
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