Rutherford Sublease

Rutherford

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,720
As of: February 22, 2017

Rutherford Rates

The typical asking rate per listing is in the $20's per square foot per year. The Rutherford region is seeing a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decrease in rent.

Rutherford Listing Supply

In the last 90 days, 7 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 14% of the available space in the Rutherford 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,720 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 12 stories. Most buildings in this region were built in 1982 and are Class A.

Rutherford Community

Market Report

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

Market Data

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