Morningside Sublease

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Morningside

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,540
As of: July 27, 2017

Morningside Rates

On average, listings lease in the $20's per square foot per year. The Morningside region is going through a a boost in rates. In the last 3 months, the median rate went up $23 per sqft per year.

Morningside Listing Supply

In the last 90 days, 6 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 17% of the available leases in the Morningside 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,540 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 2005 and are Class B.

Morningside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Morningside residents. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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

University Submarkets