2023 Office Space Rent & Sales
- $23.87 2023 Avg. Asking Rent
- 2.99% Y-o-Y Avg. Asking Rent Change
- 17.31% 2023 Office Vacancy Rate
Marlton office price per square foot in 2023 was $23.87 on average. This marked a +2.99% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 17.31% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- New Jersey Class A & A+ Office Space$39.79
- New Jersey Class B Office Space$27.52
- New Jersey Class C Office Space$33.47
Marlton, NJ Office Asking Rents by Class
Office Spaces for Rent in New Jersey
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Coworking Spaces in New Jersey
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| Office building | Address | SF | Completed |
|---|---|---|---|
| 95 Marlton Pike West | 95 Marlton Pike West, 08053 | 30,000 | 2019 |
| 119 Greentree Rd | 119 Greentree Rd, 08053 | 20,388 | 2007 |
| 119 Greentree Rd | 119 Greentree Rd, 08053 | 20,000 | 2007 |
| Lake Center V | 50 Lake Center Drive, 08053 | 88,793 | 2006 |
| Lake Center IV | 40 Lake Center Drive, 08053 | 90,000 | 2004 |
| Elmwood Business Park | 773 East State Route 70, 08053 | 127,615 | 2002 |
| Sagemore Corporate Center | 6000 Sagemore Drive, 08053 | 50,000 | 2000 |
| Marlton Crossing Office Park - 400 Lippincott Drive | 400 Lippincott Drive, 08053 | 40,000 | 1999 |
| Sagemore Corporate Center | 10000 Sagemore Drive, 08053 | 40,000 | 1999 |
| 402 & 404 Lippincott Drive | 402 Lippincott Drive, 08053 | 53,100 | 1997 |
Worth noting among recent office completions on the Marlton market is 95 Marlton Pike West, which is currently the largest new office development in the city, at 30,000 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Marlton commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.