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Flex Space with Office Area
For Lease
$9.50 SF/Yr

1842 William Penn Way, Lancaster, PA 17601

Commercial space combines dedicated office accommodations with an industrial work area.

Space Size6,888 SF
Property Size15,356 SF
Days on Market109

Property Features for 1842 William Penn Way

General Information

Standard status Active
Size 6,888 SF
Property subtype Industrial
Lease Term NNN

Additional Details

Space Use Industrial
Office Build-Out 2,213 SF

Building Details

Building Size 15,356 SF
Year Built 1978

Spaces For Lease

at 1842 William Penn Way Contact us

1842 William Penn Way, Suite 102 $9.50/SF/Yr

Size
6,888 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: High Associates Ltd.
Source: Highassociates
Added: May 14 Changed: Aug 30 Last Checked: Aug 30 at 2:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of High Associates Ltd.

Investment Insights

Based on property information with market context.

This flex property combines 2,213 square feet of office space with 4,439 square feet dedicated to industrial use. The configuration supports businesses seeking office accommodations alongside functional workspace within one commercial property.

Constructed in 1978, the building offers a mixed office and industrial layout suitable for a range of commercial operations.

Key Highlights

  • 2,213 SF of office space
  • 4,439 SF of industrial space
  • Combined office and industrial configuration

Property Analytics

Current Use

Genesis Turf Grass ... Landscaping Warren Installations, Inc. Auto Parts Store Beam Hop/Balance Beam Gym & Fitness Center

Suggested Use

Top Pick Dental Office Nail Salon Real Estate Agency Parking Lot & Garage Grocery & Convenience Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.43 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

572
Businesses Nearby
Under-served
Demand for This Use

Demographics for 17601, PA

55,710
Population
23,126
Households
2.4
Avg Household Size
43
Median Age
48%
College-Educated
94%
High-School Grad
33.5 sq mi
ZIP Area
1,663
Density / Sq Mi
$96,433
Median Household Income
$50,358
Median Earnings
$1,477
Median Rent
$324,000
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Commercial space combines dedicated office accommodations with an industrial work area.
Where is this flex space located?
The property is located at 1842 William Penn Way Lancaster, PA.
What is the lease rate?
The lease rate is $9.50 SF/Yr.
What are key features of this property?
This property features: 2,213 SF of office space; 4,439 SF of industrial space; Combined office and industrial configuration
More about this property
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