On average, listings lease 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 $3 per sqft per year. That's a 8% decline in rent.
In the last 90 days, 133 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the available space in the Somerset County are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 6,500 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 1985 and are Class A.