Morris County Industrial

Morris County

Office Space Market Report

Number of Listings (last 90 days)
353
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
1,570
As of: July 22, 2017

Morris County Rates

On average, listings lease in the $30's per square foot per year. The Morris County submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 21% increase in rent.

Morris County Listing Supply

In the last 90 days, 353 listings have been posted online, so you'll want to check back regularly for new listings. About 70% of the office spaces in the Morris County 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,830 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 3 stories. Most buildings in this area were built in 1984 and are Class A.

Morris County Community

Market Report

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

Market Data

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