Summit, NJ Office Units for Lease
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Similar Spaces for Sale in Summit, NJ
Summit, NJ Office Units Lease Rates & Market Statistics
Browse 8 Office Units for lease in Summit, NJ on Realmo, a commercial real estate marketplace serving the Summit area. The current inventory totals 33,341 square feet of properties.
Office Units lease rates in Summit range from $14.13 SF/Yr at the entry level to $30.38 SF/Yr at the top of the market, averaging $22.25 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $22.25 SF/Yr is in line with the New Jersey state average.
Summit accounts for 8% of the 100 office units currently available across Union County, where nearby markets include Union and Elizabeth. Office Units make up 57% of the 14 Office Spaces currently for lease in Summit, with asking rates averaging $22.25 SF/Yr — 21% below the citywide Office Spaces average of $28.17 SF/Yr. Tenants comparing options may also consider Office buildings (5 listings) elsewhere in the Summit market.