Meridian Office Space

Meridian

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,660

Meridian Rates

On average, listings lease in the $10's per square foot per year. The Meridian region is experiencing a an increase in rates. In the last 3 months, the median rate rose $16 per sqft per year.

Meridian Listing Supply

In the last 90 days, 16 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 19% of the available space in the Meridian are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,660 sqft. Most properties in this region are around 2 stories. Most buildings in this region were built in 1988 and are Class A.

Meridian Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Meridian residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

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