Somerset County Industrial

Somerset County

Office Space Market Report

Number of Listings (last 90 days)
133
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
8,400
As of: August 17, 2017

Somerset County Rates

The typical asking rate per listing is in the $30's per square foot per year. The Somerset County region is seeing a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 17% increase in rent.

Somerset County Listing Supply

In the last 90 days, 133 listings have come on the market, so you'll want to check back regularly for new listings. About 28% of the listings in the Somerset County are subleases, so you might be able to snag a great spot on a short term. 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 8,400 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 1985 and are Class A.

Somerset County Community

Market Report

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

Market Data

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