The typical asking rate per listing is in the $40's per square foot per year. The Morristown submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 7% increase in rent.
In the last 90 days, 16 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,830 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this area were built in 1976 and are Class A.