The typical asking rate per listing is in the $30's per square foot per year. The Somerset County submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decline in rent.
In the last 90 days, 90 listings have been made available, so you'll want to check back regularly for new listings. About 11% of the available leases in the Somerset County are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 6,700 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built in 1985 and are Class A.