Elizabeth Commercial Real Estate For Lease

Elizabeth

Market Report

Number of Listings For Lease
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
500

Elizabeth Commercial Real Estate

Find Elizabeth commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Elizabeth commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Elizabeth Rates

On average, commerial real estate listings lease in the $30's per square foot per year. The Elizabeth region is going through a an increase in rates. In the last 3 months, the median rate for lease went up $6 per sqft per year. That's a 18% increase in rent.

Compared to the rest of the Metrolina commercial real estate market, the Elizabeth region has higher rates for rent, and you may need to make a great offer to be in this hot submarket.

Elizabeth Listing Supply

In the last 90 days, 33 commercial real estate listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 1,990 sqft. Most properties in this region are close to 2 floors. Most buildings in this region were built close to 1967 and are Class B.

Elizabeth Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Elizabeth occupants. Commuting around 15 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 Elizabeth.
Research