Morristown Retail

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Morristown

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
3,350
As of: May 22, 2017

Morristown Rates

The typical asking rate per listing is in the $40's per square foot per year. The Morristown submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 6% increase in rent.

Morristown Listing Supply

In the last 90 days, 16 listings have been made available, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,350 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this market were built in 1979 and are Class A.

Morristown Community

Market Report

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

Market Data

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