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Class A Office Space Available
For Lease
$48,941

1850 WILLIAM PENN WAY 201, Lancaster, PA 17601

First floor office space with natural light and patio.

Space SizeContact for details
Days on Market1002

Property Features for 1850 WILLIAM PENN WAY 201

General Information

Standard status Active
Total Parking Spaces 15
Zoning BUSINESS PARK
Lease Term Negotiable

Amenities

Central Air
Forced Air
Water, Pond, Trees/Woods, Garden
Parking Lot

Building Details

Year Built 1995
Listing Agency: High Associates Ltd.
Listed By: Althea Ramsay Carrigan · License #RS211857L
Source: Evrealestate
Added: Feb 6, 2024 Changed: Nov 1 Last Checked: Nov 3 at 4:47AM

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.

Rey
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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

Who owns this building? See the owner, sales and loan history
Open 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 Parking Lot & Garage Grocery & Convenience Store Nail Salon HVAC Service (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

595
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Lancaster, PA

$26.85 /SF/Yr
Avg Asking Price
$3.04–$224 /SF/Yr
Price Range
18,383 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Office unit - First floor office space with natural light and patio.
Where is this office unit located?
The property is located at 1850 WILLIAM PENN WAY 201 Lancaster, PA.
What is the lease rate?
The lease rate is $48,941.
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.**
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