Lower Allen Commercial Real Estate

Lower Allen

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
5,000

Lower Allen Rates

Most listings are in the $10's per square foot per year. The Lower Allen submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 15% decline in rent.

Lower Allen Listing Supply

In the last 90 days, 22 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 14% of the available leases in the Lower Allen 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 posted, so finding a space for a small business might be tough.

Even though the median size is 5,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region were built in 1986 and are Class B.

Lower Allen Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Lower Allen folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Lower Allen.
Research