Lancaster, PA Shopping Centers for Lease
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Lancaster, PA Shopping centers Lease Rates & Market Statistics
Explore 34 Shopping centers for lease in Lancaster, PA on Realmo, a commercial real estate exchange covering the Lancaster area. The current inventory totals 1,050,327 square feet of properties — an average of ~30,900 SF per listing.
Shopping centers lease rates in Lancaster range from $23 SF/Yr at the entry level to $23 SF/Yr at the top of the market, averaging $23 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $23 SF/Yr is 33% above the Pennsylvania state average of $17.35 SF/Yr.
Lancaster accounts for 62% of the 55 shopping centers currently available across Lancaster County, where nearby markets include Ephrata and Columbia. Shopping centers make up 42% of the 81 Retail properties & Spaces currently for lease in Lancaster, with asking rates averaging $23 SF/Yr — 22% below the citywide Retail properties & Spaces average of $29.47 SF/Yr. Tenants comparing options may also consider Storefront properties (27 listings) elsewhere in the Lancaster market.