Elizabeth Sublease

Elizabeth

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,000
As of: July 26, 2017

Elizabeth Rates

On average, listings lease in the $20's per square foot per year. The Elizabeth submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 28% increase in rent.

Elizabeth Listing Supply

In the last 90 days, 10 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 30% of the available leases in the Elizabeth 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.

The standard measurement for office space in this area is around 1,000 sqft. Most properties in this region are approximately 3 stories. Most buildings in this region 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