Somerset County Retail

Somerset County

Office Space Market Report

Number of Listings (last 90 days)
133
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
7,290
As of: June 24, 2017

Somerset County Rates

The typical asking rate per listing is in the $30's per square foot per year. The Somerset County submarket is going through a a boost in rates. In the last 3 months, the median rate increased $32 per sqft per year.

Somerset County Listing Supply

In the last 90 days, 133 listings have been listed, so you'll want to check back regularly for new listings. About 48% of the office spaces in the Somerset 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 posted, so finding a space for a small business might be tough.

Even though the median size is 7,290 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 2 floors. 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