The typical asking rate per listing is in the $20's per square foot per year. The Hanestown submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decrease in rent.
In the last 90 days, 17 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. 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 1,720 sqft. Most properties in this area are around 1 stories. Most buildings in this market were built in 1978 and are Class B.
This region is fairly equally mixed residential and commercial. Waste services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Hanestown occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.