Lancaster Office Space

Lancaster

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,380
As of: June 23, 2017

Lancaster Rates

On average, listings lease in the $10's per square foot per year. The Lancaster submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $18 per sqft per year.

Compared to the rest of the DFW Metroplex market, the Lancaster region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Lancaster Listing Supply

In the last 90 days, 18 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 56% of the office spaces in the Lancaster are subleases, so you might be able to find a shorter term or below market rent. 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 1,380 sqft. Most properties in this area are approximately 4 floors. Most buildings in this market were built in 1984 and are Class B.

Lancaster Community

Market Report

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

Market Data

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

Lancaster Submarkets