Somerset County Retail

Somerset County

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

Somerset County Rates

On average, listings lease in the $20's per square foot per year. The Somerset County submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decrease in rent.

Somerset County Listing Supply

In the last 90 days, 79 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the listings in the Somerset County are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 5,420 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this market 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.