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Class A Office Space Available
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1850 William Penn Way, Lancaster, PA 17601

First floor office space with natural light and patio.

Space Size1,816 SF
Property Size5,934 SF
Days on Market971

Property Features for 1850 William Penn Way

General Information

Standard status Active
Size 1,816 SF
Property subtype Office

Spaces For Lease

at 1850 William Penn Way Contact us

Suite 201

Size
1,816 SF
Type
Office
Contact us
Listing Agency: High Real Estate Group
Listed By: Bree Robinson · License #PA 354386
Source: Crexi
Added: Dec 7, 2023 Changed: Jul 6 Last Checked: Aug 3 at 4:45AM

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 Real Estate Group

Investment Insights

Based on property information with market context.

This first-floor Class A office space features abundant natural light, incorporating both open collaborative areas and private offices, along with a private patio. The suite includes a work room, a kitchenette/breakroom area, and a large conference room that overlooks one of the several ponds in Greenfield. The space can be divided into units of 2,381 square feet and 3,553 square feet.

Key Highlights

  • First floor Class A office space with lots of natural light.
  • Mix of open collaborative spaces and private offices.
  • Large conference room overlooking a pond.**

Property Analytics

Current Use

Mark Green, Liberty ... Insurance Agency Bellomo & Associates, LLC Law Firm Shiron Jones, Insurance ... Insurance Agency Shiron Jones, Insurance ... Insurance Agency Shiron Jones Insurance Agency

Suggested Use

Top Pick Dental Office Real Estate Agency Restaurant Storage Facility Nail Salon 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
$4.04 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

453
Businesses Nearby

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

Lease Benchmarks for Lancaster, PA

$64.75 /SF/Yr
Avg Asking Price
$0.78–$239 /SF/Yr
Price Range
10,422 SF
Avg Space Size

This space is priced 58% below the average of $64.75 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - First floor office space with natural light and patio.
Where is this office units located?
The property is located at 1850 William Penn Way Lancaster, PA.
What is the lease rate?
The lease rate is $26.95 SF/Yr.
What are key features of this property?
This property features: First floor Class A office space with lots of natural light.; Mix of open collaborative spaces and private offices.; Large conference room overlooking a pond.**
(717) 850-8783 Call to check price and availability
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