Somerset County Office Space

Somerset County

Office Space Market Report

Number of Listings (last 90 days)
86
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
8,070
As of: January 19, 2017

Somerset County Rates

Most listings are in the $20's per square foot per year. The Somerset County submarket is going through a decrease in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 24% decrease in rent.

Somerset County Listing Supply

In the last 90 days, 81 listings have come on the market, so you'll want to check back regularly for new listings. About 11% of the available space in the Somerset County 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.

Even though the median size is 9,170 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this area were built in 1985 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.
Research