On average, listings lease in the $20's per square foot per year. The East Pennsboro region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.
In the last 90 days, 25 listings have been made available, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 56% of the listings in the East Pennsboro 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,700 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this area were built in 1986 and are Class B.
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 East Pennsboro occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.