Montvale Retail

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Montvale

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,120
As of: December 5, 2016

Montvale Rates

The typical asking rate per listing is in the $30's per square foot per year. The Montvale region is experiencing a a rise in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 20% increase in rent.

Montvale Listing Supply

In the last 90 days, 7 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the listings in the Montvale 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.

The standard measurement for office space in this area is around 2,120 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1980 and are Class A.

Montvale Community

Market Report

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

Market Data

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