The typical asking rate per listing is in the $20's per square foot per year. The Morgantown region is going through a a boost in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 39% increase in rent.
In the last 90 days, 14 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 14% of the available space in the Morgantown are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,050 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 6 stories. Most buildings in this region were built in 2004 and are Class A.
Real time and historical data on commercial real estate listings in Morgantown.
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