Allegheny Center Retail

Allegheny Center

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
14,570
As of: June 26, 2017

Allegheny Center Rates

The typical asking rate per listing is in the $30's per square foot per year. The Allegheny Center submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $34 per sqft per year.

Compared to the rest of the Pittsburgh market, the Allegheny Center region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Allegheny Center Listing Supply

In the last 90 days, 8 listings have been listed, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 63% of the available leases in the Allegheny Center 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 posted, so finding a space for a small business might be tough.

Even though the median size is 14,570 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region were built in 1976 and are Class A.

Allegheny Center Community

A large portion of this market is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Allegheny Center residents. Commuting between 20 and 25 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 Allegheny Center.
Market Report

Market Data

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