Morrisville Office Space

Morrisville

Office Space Market Report

Number of Listings (last 90 days)
50
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
7,160
As of: July 23, 2017

Morrisville Rates

On average, listings lease in the $30's per square foot per year. The Morrisville submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 22% rise in rent.

Compared to the rest of the The Triangle market, the Morrisville submarket has higher rates, and you'll need to make a great offer to be in this hot region.

Morrisville Listing Supply

In the last 90 days, 50 listings have been listed, so you'll want to check back regularly for new listings. About 46% of the listings in the Morrisville are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 7,160 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 1 stories. Most buildings in this market were built in 1999 and are Class A.

Morrisville Community

Market Report

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

Market Data

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