Morristown Sublease

Morristown

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
7,441
As of: December 2, 2016

Morristown Rates

On average, listings lease in the $30's per square foot per year. The Morristown submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.

Morristown Listing Supply

In the last 90 days, 8 listings have been made available, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 7,441 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 4 floors. Most buildings in this area were built in 1979 and are Class A.

Morristown Community

Market Report

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

Market Data

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