Fort Lee Office Space

Fort Lee

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
1,940
As of: July 23, 2017

Fort Lee Rates

The typical asking rate per listing is in the $30's per square foot per year. The Fort Lee region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $36 per sqft per year. That's a 49% decline in rent.

Fort Lee Listing Supply

In the last 90 days, 2 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 500% of the available leases in the Fort Lee 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 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 1,940 sqft. Most buildings in this area are close to 6 stories. Most buildings in this market were built in 1981 and are Class A.

Fort Lee Community

Market Report

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

Market Data

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