On average, listings lease in the $10's per square foot per year. The Hanestown submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 37% decrease in rent.
In the last 90 days, 4 listings have been made available, which means leases 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,060 sqft. Most buildings in this area are close to 1 floors. Most buildings in this region were built in 1978 and are Class B.
This market is fairly equally mixed residential and commercial. Waste services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Hanestown folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.