Fort Lee Retail

Fort Lee

Office Space Market Report

Number of Listings (last 90 days)
65
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
2,000
As of: August 17, 2017

Fort Lee Rates

Most listings are in the $30's per square foot per year. The Fort Lee submarket is seeing a decline in rates. In the last 3 months, the median rate fell $33 per sqft per year. That's a 47% decline in rent.

Fort Lee Listing Supply

In the last 90 days, 2 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 550% of the office spaces in the Fort Lee 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this area are close to 6 stories. Most buildings in this area 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