Morrisville Industrial

Morrisville

Office Space Market Report

Number of Listings (last 90 days)
50
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
5,900
As of: March 11, 2017

Morrisville Rates

The typical asking rate per listing is in the $10's per square foot per year. The Morrisville submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% rise in rent.

Compared to the rest of the The Triangle market, the Morrisville region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Morrisville Listing Supply

In the last 90 days, 50 listings have been posted online, so you'll want to check back regularly for new listings. About 8% of the office spaces in the Morrisville 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 posted, so finding a space for a small business might be tough.

Even though the median size is 5,900 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this market were built in 1999 and are Class A.

Morrisville Community

Market Report

Trends and status of the commercial real estate market in Morrisville.
Market Report

Market Data

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