Morton Retail

Morton

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
4,980
As of: June 26, 2017

Morton Rates

On average, listings lease in the $10's per square foot per year. The Morton submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $16 per sqft per year.

Morton Listing Supply

In the last 90 days, 18 listings have been made available, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 28% of the office spaces in the Morton 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 available, so finding a space for a small business might be tough.

Even though the median size is 4,980 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 1 stories. Most buildings in this market were built in 1980 and are Class C.

Morton Community

Market Report

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

Market Data

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