Montvale Retail

Montvale

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
4,300
As of: July 21, 2017

Montvale Rates

The typical asking rate per listing is in the $20's per square foot per year. The Montvale submarket is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 9% decline in rent.

Montvale Listing Supply

In the last 90 days, 11 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 82% of the available leases in the Montvale 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 4,300 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 2 stories. 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