Morrisville Sublease

Morrisville

Office Space Market Report

Number of Listings (last 90 days)
50
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
7,160
As of: June 23, 2017

Morrisville Rates

The typical asking rate per listing is in the $20's per square foot per year. The Morrisville submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $27 per sqft per year.

Compared to the rest of the The Triangle market, the Morrisville submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Morrisville Listing Supply

In the last 90 days, 50 listings have been posted online, so you'll want to check back regularly for new listings. About 70% of the office spaces in the Morrisville are subleases, so you might be able to snag a great spot on a short term. 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 5,130 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 1 stories. Most buildings in this region were built in 1999 and are Class A.

Morrisville Community

Market Report

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

Market Data

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