Lower Allen Industrial

Lower Allen

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
780
As of: July 19, 2017

Lower Allen Rates

The typical asking rate per listing is in the $10's per square foot per year. The Lower Allen region is going through a an increase in rates. In the last 3 months, the median rate rose $20 per sqft per year.

Lower Allen Listing Supply

In the last 90 days, 3 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 33% of the available space 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 780 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 region. Commute by walking is the most popular way to get to work amongst Lower Allen residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Lower Allen.
Market Report

Market Data

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

Lower Allen Submarkets