Fort Lee Sublease

Fort Lee

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
2,000
As of: August 17, 2017

Fort Lee Rates

The typical asking rate per listing is in the $30's per square foot per year. The Fort Lee submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $33 per sqft per year. That's a 47% decrease in rent.

Fort Lee Listing Supply

In the last 90 days, 2 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 550% of the listings in the Fort Lee are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most properties in this market are around 6 floors. Most buildings in this region were built in 1981 and are Class A.

Fort Lee Community

Market Report

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

Market Data

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