Southeast Meridian Commercial Real Estate

Southeast Meridian

Market Report

Number of Listings
Posted in the last 90 days
9
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
5,020

Southeast Meridian Rates

On average, listings lease in the $20's per square foot per year. The Southeast Meridian submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 44% increase in rent.

Southeast Meridian Listing Supply

In the last 90 days, 92 listings have been listed, so you'll want to check back regularly for new listings. About 12% of the available space in the Southeast Meridian are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 5,020 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 1 floors. Most buildings in this area were built in 2005 and are Class A.

Southeast Meridian Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Southeast Meridian residents. Commuting close to 15 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 Southeast Meridian.
Research