Most listings are in the $20's per square foot per year. The Centre County submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 24% decrease in rent.
In the last 90 days, 8 listings have been listed, which means spaces are probably 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,770 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this area were built in 1970 and are Class A.