On average, listings lease in the $0's per square foot per year. The Lancaster Central Business District submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 3 listings have come on the market, which means office spaces most likley are 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 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 sqft. Most buildings in this market are around 4 floors. Most buildings in this market were built in 1935 and are Class 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 car is the most popular way to get to work amongst Lancaster Central Business District occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.