Somerset County Retail

Somerset County

Office Space Market Report

Number of Listings (last 90 days)
133
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
7,290
As of: July 19, 2017

Somerset County Rates

On average, listings lease in the $20's per square foot per year. The Somerset County region is going through a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 12% decrease in rent.

Somerset County Listing Supply

In the last 90 days, 133 listings have been posted online, so you'll want to check back regularly for new listings. About 36% of the listings in the Somerset County 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.

Even though the median size is 4,920 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this region were built in 1985 and are Class A.

Somerset County Community

Market Report

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

Market Data

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