Morrisville Sublease

Morrisville

Office Space Market Report

Number of Listings (last 90 days)
50
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
9,000
As of: August 19, 2017

Morrisville Rates

On average, listings lease in the $20's per square foot per year. The Morrisville submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 24% decline in rent.

Compared to the rest of the The Triangle market, the Morrisville submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated 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 20% of the listings 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 9,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 1 stories. Most buildings in this area 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