Merrill Field Retail

Merrill Field

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,700

Merrill Field Rates

The typical asking rate per listing is in the $30's per square foot per year. The Merrill Field submarket is going through a a boost in rates. In the last 3 months, the median rate went up $32 per sqft per year.

Merrill Field Listing Supply

In the last 90 days, 6 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the office spaces in the Merrill Field 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,700 sqft. Most properties in this region are around 2 floors. Most buildings in this region were built in 1992 and are Class B.

Merrill Field Community

Utilities is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Merrill Field occupants. 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 Merrill Field.
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