Elizabeth Office Space

Elizabeth

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,200
As of: August 19, 2017

Elizabeth Rates

Most listings are in the $20's per square foot per year. The Elizabeth region is seeing a decline in rates. In the last 3 months, the median rate decreased $13 per sqft per year. That's a 34% decrease in rent.

Compared to the rest of the Metrolina market, the Elizabeth submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

Elizabeth Listing Supply

In the last 90 days, 0 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the listings in the Elizabeth 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.

The standard measurement for office space in this area is around 1,200 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1971 and are Class B.

Elizabeth Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Elizabeth residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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