Trenton, New Jersey, offers a unique blend of history, culture, and economic opportunities, making it an attractive location for businesses looking to lease office space. With its strategic location near major metropolitan areas like Philadelphia and New York City, Trenton provides access to a large and diverse talent pool, as well as a range of transportation options, including the Trenton Transit Center, NJ Transit Rail's Northeast Corridor Line, and SEPTA's Trenton Line. The city is also home to several institutions of higher education, including Thomas Edison State University and Mercer County Community College, which contribute to the local economy and provide a skilled workforce. Additionally, Trenton's Urban Enterprise Zone program offers tax incentives to businesses, making it an attractive location for companies looking to establish or expand their operations.
Trenton's office space market offers a range of options, with 30 listings available for lease. The average annual rent per square foot is $18 USD, with a minimum of $5 USD and a maximum of $33 USD. Office spaces in Trenton range in size from 130 square feet to 120,000 square feet, with an average size of 16,239 square feet. In addition to office space, Trenton also offers a range of other property types, including coworking space, flex space, medical offices, and retail space, each with its own unique characteristics and advantages. For example, coworking space in Trenton provides a collaborative and flexible work environment, while flex space offers a combination of office and warehouse space. Medical offices in Trenton are well-suited for healthcare professionals, and retail space is ideal for businesses looking to establish a presence in the city's vibrant downtown area. Overall, Trenton's office space market offers a range of options to suit the needs of businesses of all sizes and types.
What is the average size of office space for lease in the Trenton market?
In the Trenton market, the average size of office space for lease is 16,239 square feet, with a total of 30 available listings, offering a range of options for businesses looking to establish or expand their presence in the city.
Are there different types of office space leases available?
In Trenton, New Jersey, there are various types of office space leases available to suit different business needs, with 30 available listings offering flexibility and options for entrepreneurs and companies alike.
- Full-service leases, which typically include utilities, maintenance, and amenities, are ideal for businesses seeking a hassle-free experience.
- Modified gross leases, which combine base rent with a proportionate share of operating expenses, offer a balance between flexibility and cost control.
- Triple net leases, where tenants are responsible for all operating expenses, provide maximum control and flexibility for businesses with specific needs.
