2023 Office Space Rent & Sales
- $23.56 2023 Avg. Asking Rent
- 5.18% 2023 Office Vacancy Rate
West Chester office price per square foot in 2023 was $23.56 on average. The local office market recorded an average vacancy rate of 5.18% 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
2023 Average Office Rent per Square Foot
- Pennsylvania Class A & A+ Office Space$32.78
- Pennsylvania Class B Office Space$24.45
- Pennsylvania Class C Office Space$29.06
West Chester, PA Office Asking Rents by Class
Office Spaces for Rent in Pennsylvania
Coworking Spaces in Pennsylvania
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2023 Office Construction in West Chester, PA
| Office building | Address | SF | Completed |
|---|---|---|---|
| 839 Lincoln Ave, Unit 3 | 839 Lincoln Ave, Unit 3, 19380 | 10,000 | 2009 |
| 1306 Wilmington Pike | 1306 Wilmington Pike, 19382 | 3,150 | 2007 |
| 827-835 Lincoln Avenue | 827 Lincoln Avenue, 19380 | 181,303 | 2006 |
| 1615 West Chester Pike | 1615 West Chester Pike, 19382 | 61,026 | 2003 |
| Glenloch Corporate Campus | 1479 Dunwoody Drive, 19380 | 127,896 | 1999 |
| 1161 McDermott Drive | 1161 McDermott Drive, 19380 | 35,972 | 1999 |
| Bradford Plaza | 700 West Downingtown Pkwy, 19380 | 152,284 | 1991 |
| 1234 West Chester Pike | 1234 West Chester Pike, 19382 | 25,500 | 1991 |
| 1242 W West Chester Pike | 1242 W West Chester Pike, 19382 | 11,700 | 1991 |
| 1220 Ward Avenue | 1220 Ward Avenue, 19380 | 44,100 | 1990 |
Worth noting among recent office completions on the West Chester market is 839 Lincoln Ave, Unit 3, which is currently the largest new office development in the city, at 10,000 square feet.
See reports for other markets
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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 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all West Chester 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 CommercialEdge can guarantee that the information provided is complete.