Elizabeth Sublease

Elizabeth

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
7,700
As of: January 19, 2017

Elizabeth Rates

Most listings are in the $20's per square foot per year. The Elizabeth region is going through a decrease in rates. In the last 3 months, the median rate fell $10 per sqft per year. That's a 28% decrease in rent.

Elizabeth Listing Supply

In the last 90 days, 8 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 25% of the office spaces 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 7,700 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 3 floors. 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