On average, listings lease in the $10's per square foot per year. The New Castle submarket is going through a a rise in rates. In the last 3 months, the median rate increased $15 per sqft per year.
In the last 90 days, 10 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 buildings in this region are close to 1 floors. Most buildings in this region 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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