Morris County Retail

Morris County

Office Space Market Report

Number of Listings (last 90 days)
353
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
1,580
As of: August 20, 2017

Morris County Rates

The typical asking rate per listing is in the $30's per square foot per year. The Morris County submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 2% increase in rent.

Morris County Listing Supply

In the last 90 days, 353 listings have been made available, so you'll want to check back regularly for new listings. About 80% of the office spaces in the Morris County 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.

The standard measurement for office space in this area is around 1,580 sqft. Most buildings in this region are close to 3 stories. Most buildings in this area were built in 1985 and are Class A.

Morris County Community

Market Report

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

Market Data

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