Somerset County Industrial

Somerset County

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,000
As of: June 27, 2017

Somerset County Rates

On average, listings lease in the $20'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 rose $24 per sqft per year.

Somerset County Listing Supply

In the last 90 days, 4 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 75% 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 3,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area were built in 1970 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.
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