Edison Sublease

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Edison

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
6,460
As of: February 26, 2017

Edison Rates

The typical asking rate per listing is in the $10's per square foot per year. The Edison submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 43% decrease in rent.

Edison Listing Supply

In the last 90 days, 4 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 6,460 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 1 floors. Most buildings in this region were built in 1958 and are Class A.

Edison 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 market. Most of the occupants of Edison work from home. Commuting around an hour and a half 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 Edison.
Market Report

Market Data

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