2024 Office Space Rent & Sales
- $25.53 2024 Avg. Asking Rent
- -2.91% Y-o-Y Avg. Asking Rent Change
- 19.43% 2024 Office Vacancy Rate
Fort Washington office price per square foot in 2024 was $25.53 on average. This marked a -2.91% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 19.43% 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
Fort Washington, PA Office Asking Rents by Class
Office Spaces for Rent in Pennsylvania
Coworking Spaces in Pennsylvania
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| Office building | Address | SF | Completed |
|---|---|---|---|
| Apex Fort Washington - 601 Office Center Drive | 601 Office Center Drive, 19034 | 135,600 | 1988 |
| Apex Fort Washington - 602 Office Center Drive | 602 Office Center Drive, 19034 | 135,600 | 1988 |
| Apex Fort Washington - 600 Office Center Drive | 600 Office Center Drive, 19034 | 135,600 | 1988 |
| Maplewood Office Park - Maplewood I | 1300 Virginia Drive, 19034 | 105,792 | 1983 |
| Pennsylvania Avenue Surgery Center | 467 Pennsylvania Avenue, 19034 | 32,729 | 1980 |
| The Founders Building | 580 Virginia Drive, 19034 | 48,253 | 1973 |
| Highland Office Center | 550 Pinetown Road, 19034 | 98,382 | 1972 |
| 1035 Virginia Drive | 1035 Virginia Drive, 19034 | 29,557 | 1972 |
| 1100 Virginia Drive | 1100 Virginia Drive, 19034 | 753,607 | 1970 |
| 501 Office Center Drive | 501 Office Center Drive, 19034 | 114,795 | 1970 |
Worth noting among recent office completions on the Fort Washington market is Apex Fort Washington - 601 Office Center Drive, which is currently the largest new office development in the city, at 135,600 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 CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Fort Washington 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.