Morris Hill Sublease

Morris Hill

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,920
As of: June 26, 2017

Morris Hill Rates

The typical asking rate per listing is in the $20's per square foot per year. The Morris Hill region is seeing a an increase in rates. In the last 3 months, the median rate went up $22 per sqft per year.

Morris Hill Listing Supply

In the last 90 days, 3 listings have been listed, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 200% of the office spaces in the Morris Hill 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 1,920 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1983 and are Class B.

Morris Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Morris Hill residents. Commuting close to 10 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 Morris Hill.
Market Report

Market Data

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