Somerset County Industrial

Somerset County

Office Space Market Report

Number of Listings (last 90 days)
133
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
6,500
As of: May 20, 2017

Somerset County Rates

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.

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 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.

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