On average, listings lease in the $20's per square foot per year. The Essex County region is going through a decline in rates. In the last 3 months, the median rate decreased $15 per sqft per year. That's a 35% decline in rent.
In the last 90 days, 1225 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the available leases in the Essex County are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 9,140 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1978 and are Class A.
Real time and historical data on commercial real estate listings in Essex County.
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