Bucks County is located strategically in the Northeast Corridor, accessible to nearly every kind of transportation network available, with Philadelphia as its nucleus. New York City is only 75 miles; Baltimore, 120 miles; Washington DC, 158 miles; and Boston, 288 miles. One third of the nation's population resides within a one-day drive of Bucks County, making it a prime location for the transport of goods and services not only throughout the Eastern Seaboard, but also throughout the world.
From Bensalem to Quakertown, the Bucks County real estate market offers a very broad range of properties and communities to call "home" for your business.
According to recent data, the Bucks County industrial market contained over 48 million square feet, with a vacancy rate of approximately 8.3%. Average sale prices for industrial space range from $35 to $50 per square foot. Average asking rent is $4.42 square foot triple net.
Bucks County is part of the Suburban Philadelphia.
There is over 41 million square feet of Class A and 23 million square feet of Class B office space. Class A has a vacancy rate of 16.1% and Class B a vacancy rate of 17.8%. Class A average asking rent is $25.22 and Class B average asking rent is $21.63.
Source: www.collier.com/Markets/Philadelphia, Q2 2010 Research & Forecast Report.