Mechanicsburg Office Rent Price & Sales Report

2023 Office Space Rent & Sales

  • 2.36% Y-o-Y Avg. Asking Rent Change

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

Mechanicsburg, PA Office Asking Rents by Class

2023 Office Vacancy Rates in Mechanicsburg

Submarket Asking Rents Vacancy Rates
Mechanicsburg $23.31 8.47%
Camp Hill - Enola $20.85 22.55%
Data provided by Commercial Edge
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Mechanicsburg market was 10.00% in 2023. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Mechanicsburg was 8.47% in the Mechanicsburg submarket, while the highest office vacancy in the market was 22.55%, recorded in Camp Hill - Enola.

Office Spaces for Rent in Pennsylvania

Coworking Spaces in Pennsylvania

2023 Office Construction in Mechanicsburg, PA

Largest Office Properties Recently Completed in Mechanicsburg
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
161 Old Schoolhouse Lane 161 Old Schoolhouse Lane, 17055 10,150 2001
2 Kacey Court 2 Kacey Court, 17055 9,820 2001
Vista Plaza at Westport 1215 Manor Drive, 17055 72,500 1999
5 Kacey Court 5 Kacey Court, 17055 8,700 1999
Rossmoyne Business Center - 4999 Louise Drive 4999 Louise Drive, 17055 60,000 1998
5020 Richard Lane 5020 Richard Lane, 17055 40,230 1996
Hillside Corporate Center 5001 Louise Drive, 17055 70,295 1992

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.

Data provided by Commercial Edge

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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 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 CommercialEdge can guarantee that the information provided is complete.