Penn American District Retail

Penn American District

Office Space Market Report

Number of Listings (last 90 days)
45
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,720
As of: August 17, 2017

Penn American District Rates

Penn American District Listing Supply

In the last 90 days, 5 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 140% of the office spaces in the Penn American District are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 14 floors. Most buildings in this market were built in 1984 and are Class B.

Penn American District Community

Finance and insurance are the dominant industries in this market. Most of the occupants of Penn American District work from home. Commuting between 30 and 45 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 Penn American District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Penn American District.
Research