The typical asking rate per listing is in the $10's per square foot per year. The Penn Hills submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 7% rise in rent.
In the last 90 days, 7 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 29% of the available space in the Penn Hills 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 available, so finding a space for a small business might be tough.
Even though the median size is 5,500 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 3 floors. Most buildings in this area were built in 2000 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Penn Hills residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.