Morristown Office Space

Morristown

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
3,170
As of: June 25, 2017

Morristown Rates

The typical asking rate per listing is in the $30's per square foot per year. The Morristown region is seeing a an increase in rates. In the last 3 months, the median rate went up $36 per sqft per year.

Morristown Listing Supply

In the last 90 days, 3 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 67% of the available leases in the Morristown are subleases, so you might be able to snag a great spot on a short term. 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 3,170 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 1 stories. Most buildings in this region were built in 0 and are Class Class B.

Morristown Community

Market Report

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

Market Data

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

Hamblen County Submarkets