2024 Office Space Rent & Sales
- $23.22 2024 Avg. Asking Rent
- -1.45% Y-o-Y Avg. Asking Rent Change
- 15.04% 2024 Office Vacancy Rate
Moorestown office price per square foot in 2024 was $23.22 on average. This marked a -1.45% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 15.04% 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
2024 Average Office Rent per Square Foot
- New Jersey Class A & A+ Office Space$40.95
- New Jersey Class B Office Space$28.64
- New Jersey Class C Office Space$21.12
Moorestown, NJ Office Asking Rents by Class
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Office building | Address | SF | Completed |
---|---|---|---|
Virtua Health & Wellness Center - Moorestown | 401 Young Avenue, 08057 | 181,236 | 2012 |
Pavilions at Moorestown | 740 Marne Hwy, 08057 | 26,040 | 2007 |
Blason Plaza | 509 South Lenola Road, 08057 | 49,017 | 1990 |
Harper Place Building 2 | 302 Harper Drive, 08057 | 36,232 | 1987 |
Moorestown Corporate Center 3 | 232 Strawbridge Dr, 08057 | 74,258 | 1985 |
Corporate Center @ Moorestown | 224 Strawbridge Drive, 08057 | 218,407 | 1984 |
224 Strawbridge Drive | 224 Strawbridge Drive, 08057 | 73,940 | 1984 |
305 Harper Drive | 305 Harper Drive, 08057 | 14,980 | 1979 |
341 New Albany Road | 341 New Albany Road, 08057 | 40,500 | 1968 |
505-509 Pleasant Valley Avenue | 505-509 Pleasant Valley Avenue, 08057 | 10,627 | 1950 |
Worth noting among recent office completions on the Moorestown market is Virtua Health & Wellness Center - Moorestown, which is currently the largest new office development in the city, at 181,236 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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Moorestown 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.