2024 Office Space Rent & Sales
- $20.80 2024 Avg. Asking Rent
- 16.93% 2024 Office Vacancy Rate
Mechanicsburg office price per square foot in 2024 was $20.80 on average. The local office market recorded an average vacancy rate of 16.93% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Pennsylvania Class A & A+ Office Space$34.29
- Pennsylvania Class B Office Space$25.57
- Pennsylvania Class C Office Space$19.06
Mechanicsburg, PA Office Asking Rents by Class
2024 Office Vacancy Rates in Mechanicsburg
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Camp Hill - Enola | $21.84 | 16.56% |
| Mechanicsburg | $20.82 | 14.75% |
Coworking Spaces in Pennsylvania
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2024 Office Construction in Mechanicsburg, PA
| Office building | Address | SF | Completed |
|---|---|---|---|
| Waterford Building | 21 Waterford Drive, 17050 | 26,140 | 2012 |
| 1700 Bent Creek Boulevard | 1700 Bent Creek Boulevard, 17050 | 56,107 | 2004 |
| 6 Kacey Court | 6 Kacey Court, 17055 | 13,000 | 2003 |
| 5 Kacey Court | 5 Kacey Court, 17055 | 8,700 | 1999 |
| 5095 Ritter Road | 5095 Ritter Road, 17055 | 79,193 | 1997 |
| 5020 Richard Lane | 5020 Richard Lane, 17055 | 40,230 | 1996 |
| 5040 Louise Drive | 5040 Louise Drive, 17055 | 53,363 | 1990 |
| 4909 Louise Drive | 4909 Louise Drive, 17055 | 35,746 | 1990 |
| 5000 Ritter Road | 5000 Ritter Road, 17055 | 58,727 | 1988 |
| 5020 Ritter Road | 5020 Ritter Road, 17055 | 30,800 | 1987 |
Worth noting among recent office completions on the Mechanicsburg market is Waterford Building, which is currently the largest new office development in the city, at 26,140 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by Yardi Research Data, a market intelligence solution which offers comprehensive real market knowledge on all Mechanicsburg commercial properties sized 25,000 square feet or larger.
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.