On average, listings lease in the $20's per square foot per year. The Paxtang submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 11% decrease in rent.
In the last 90 days, 13 listings have been made available, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the listings in the Paxtang are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 540 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1949 and are Class B.
Real time and historical data on commercial real estate listings in Paxtang.
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