On average, listings lease in the $20's per square foot per year. The Montvale region is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decline in rent.
In the last 90 days, 92 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the available leases in the Montvale are subleases, so you will probably have to focus your search on direct office leases. 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 3,910 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1980 and are Class A.
Real time and historical data on commercial real estate listings in Montvale.
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