Morrisville Office Space


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Morrisville Rates

The typical asking rate per listing is in the $20's per square foot per year. The Morrisville submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% increase in rent.

Compared to the rest of the The Triangle market, the Morrisville submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Morrisville Listing Supply

In the last 90 days, 7 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 14% of the available space in the Morrisville 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 posted, so finding a space for a small business might be tough.

Even though the median size is 8,300 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1999 and are Class A.

Morrisville Community