Penn Hills Sublease

Penn Hills

Office Space Market Report

Number of Listings (last 90 days)
Median Size (sqft)
As of: October 25, 2016

Penn Hills Rates

The typical asking rate per listing is in the $0's per square foot per year. The Penn Hills region is going through a decrease in rates. In the last 3 months, the median rate decreased $18 per sqft per year. That's a 100% decline in rent.

Penn Hills Listing Supply

In the last 90 days, 9 listings have been listed, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 11% of the available leases in the Penn Hills are subleases, so you might be able to snag a great spot on a short term. 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 19,510 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this market were built in 2000 and are Class A.

Penn Hills Community

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 region. Commute by motorcycle is the most popular way to get to work amongst Penn Hills residents. 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 Hills.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Penn Hills.

Churchill Submarkets