Morningside Retail

Morningside

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
440
As of: December 9, 2016

Morningside Rates

Most listings are in the $10's per square foot per year. The Morningside region is going through a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 14% decline in rent.

Morningside Listing Supply

In the last 90 days, 5 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 440 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 1971 and are Class B.

Morningside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Morningside residents. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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