Morrison Retail

Morrison

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
880

Morrison Rates

Most listings are in the $10's per square foot per year. The Morrison region is going through a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 2% decline in rent.

Morrison Listing Supply

In the last 90 days, 13 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 15% of the available leases in the Morrison 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 880 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this region were built in 2001 and are Class B.

Morrison Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Morrison occupants. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Morrison.
Research