East Pennsboro Office Space

East Pennsboro

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
19,320
As of: December 2, 2016

East Pennsboro Rates

On average, listings lease in the $10's per square foot per year. The East Pennsboro region is going through a decrease in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 39% decline in rent.

East Pennsboro Listing Supply

In the last 90 days, 3 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the available space in the East Pennsboro 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 posted, so finding a space for a small business might be tough.

Even though the median size is 19,320 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 3 floors. Most buildings in this area were built in 1986 and are Class B.

East Pennsboro Community

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 market. Commute by car is the most popular way to get to work amongst East Pennsboro residents. Commuting more than an hour and a half 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 East Pennsboro.
Market Report

Market Data

Real time and historical data on commercial real estate listings in East Pennsboro.
Research

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