On average, listings lease in the $20's per square foot per year. The Hanestown submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.
In the last 90 days, 6 listings have been posted online, which means new listings are probably 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,170 sqft. Most properties in this region are approximately 1 stories. Most buildings in this region were built in 1978 and are Class B.
This area is fairly equally mixed residential and commercial. Waste services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Hanestown folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.