Elizabeth Sublease

Elizabeth

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
4,000
As of: March 12, 2017

Elizabeth Rates

Most listings are in the $30's per square foot per year. The Elizabeth region is seeing a a boost in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 25% rise in rent.

Elizabeth Listing Supply

In the last 90 days, 10 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available leases in the Elizabeth 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this area were built in 1982 and are Class B.

Elizabeth Community

Market Report

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

Market Data

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

Elizabeth Submarkets