Lancaster Central Business District Office Space

Lancaster Central Business District

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,600
As of: February 27, 2017

Lancaster Central Business District Rates

On average, listings lease in the $10's per square foot per year. The Lancaster Central Business District submarket is going through a a rise in rates. In the last 3 months, the median rate increased $16 per sqft per year.

Lancaster Central Business District Listing Supply

In the last 90 days, 3 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,600 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 4 stories. Most buildings in this region were built in 1935 and are Class Class A.

Lancaster Central Business District 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 Lancaster Central Business District folk. Commuting close to 30 minutes 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 Lancaster Central Business District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lancaster Central Business District.
Research