Penn Hills Sublease

Penn Hills

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
9,900
As of: December 3, 2016

Penn Hills Rates

The typical asking rate per listing is in the $10's per square foot per year. The Penn Hills submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $18 per sqft per year. That's a Inf% rise in rent.

Penn Hills Listing Supply

In the last 90 days, 11 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 9,900 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 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 area. 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.
Research

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