The typical asking rate per listing is in the $10's per square foot per year. The Wyomissing submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 33% decline in rent.
In the last 90 days, 155 listings have come on the market, so you'll want to check back regularly for new listings. About 10% of the available space in the Wyomissing are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 8,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1990 and are Class A.
Real time and historical data on commercial real estate listings in Wyomissing.
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