The typical asking rate per listing is in the $10's per square foot per year. The Wormleysburg submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 9% increase in rent.
In the last 90 days, 31 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 19% of the available space in the Wormleysburg are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,700 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this area were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Most of the occupants of Wormleysburg work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Wormleysburg.
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