Morristown Sublease

Morristown

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
4,770
As of: June 22, 2017

Morristown Rates

On average, listings lease in the $30's per square foot per year. The Morristown region is experiencing a a rise in rates. In the last 3 months, the median rate rose $32 per sqft per year.

Morristown Listing Supply

In the last 90 days, 16 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the listings in the Morristown 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.

Even though the median size is 4,820 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 3 stories. Most buildings in this region 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