Lancaster Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Lancaster is $21.89 per square foot, 8.93% higher compared to the previous year.
  • The market’s vacancy rate stands at 11.39%, lower than the state average of Pennsylvania, which is 18.29%.

2025 Office Space Rent & Sales

  • $21.89 2025 Avg. Asking Rent
  • 8.93% Y-o-Y Avg. Asking Rent Change
  • 11.39% 2025 Office Vacancy Rate

What is the average asking rent price for office space in Lancaster?

Average asking rents for office space here stand at $21.89 per square foot. The local office market recorded an average vacancy rate of 11.39% in 2025, unchanged from 11.39% in 2024.

Lancaster, PA Office Asking Rents by Class

What is the average office rent per square foot by property class in PA?

  • Avg. Asking Rent Class A & A+$35.64
  • Avg. Asking Rent Class B$25.85
  • Avg. Asking Rent Class C$19.18

For comparison, the average rent for Class A and A+ office space in Pennsylvania was $35.64 per square foot. The state-wide average for Class B space was $25.85 per square foot, and Class C office spaces averaged $19.18 per square foot.

Lancaster, PA Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Lancaster was Manheim Township at 4.43%. Meanwhile, the highest office vacancy rate in the market was 24.18%, recorded in West Lancaster.
Submarket Asking Rents Vacancy Rates
West Lancaster $28.45 24.18%
Manheim Township $21.35 4.43%
Lancaster $19.93 12.33%
West and East Lampeter $19.60 12.79%
Data provided by Yardi Research

2025 Office Construction in Lancaster, PA

  • Lancaster, PA Total SF completed in 2025 34,000

How much office space was built in Lancaster in 2025?

34,000 square feet of new office space was delivered across the market in the previous year. New construction included 1 properties, with an average new property size of 34,000 square feet.

What are the largest recent office completions in Lancaster?

The largest recent office completion here is Fulton Bank Building Complex - 25 North Queen Street at 152,451 square feet, completed in 2001. The next largest completions are 2301 Harrisburg Pike and Lancaster Stockyard - 1280 North Plum Street & 1310 Marshall Avenue.

Office building Address SF Completed
Lancaster Stockyard - 1280 North Plum Street & 1310 Marshall Avenue 1280 North Plum Street, 17601 56,500 2010
2301 Harrisburg Pike 2301 Harrisburg Pike, 17601 62,682 2005
Fulton Bank Building Complex - 25 North Queen Street 25 North Queen Street, 17603 152,451 2001
3020 Columbia Avenue 3020 Columbia Avenue, 17603 39,610 1997
60 West Walnut Street 60 West Walnut Street, 17603 17,150 1996
1808 Colonial Village Lane 1808 Colonial Village Lane, 17601 24,306 1993
160 North Pointe Boulevard 160 North Pointe Boulevard, 17601 34,528 1989
930 Red Rose Court 930 Red Rose Court, 17601 26,062 1989
1850 William Penn Way 1850 William Penn Way, 17601 25,211 1989
80 Abbeyville Rd 80 Abbeyville Rd, 17603 4,274 1989
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.