Somerset County Industrial

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Somerset County

Market Report

Number of Listings
Posted in the last 90 days
28
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
7,290

Somerset County Rates

Most listings are in the $30's per square foot per year. The Somerset County submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 8% rise in rent.

Somerset County Listing Supply

In the last 90 days, 811 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available space in the Somerset County are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 8,400 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1985 and are Class A.

Somerset County Community

Market Data

Real time and historical data on commercial real estate listings in Somerset County.
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