Village of Cherry Hill Sublease

Village of Cherry Hill

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 27, 2016

Village of Cherry Hill Rates

On average, listings lease in the $20's per square foot per year. The Village of Cherry Hill submarket is going through a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 12% increase in rent.

Village of Cherry Hill Listing Supply

In the last 90 days, 6 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 17% of the available space in the Village of Cherry Hill 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.

The standard measurement for office space in this area is around 1,850 sqft. Most buildings in this area are close to 3 stories.

Village of Cherry Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Most of the residents of Village of Cherry Hill work from home. Commuting close to 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 Village of Cherry Hill.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Village of Cherry Hill.