Mercer Commercial Real Estate

Mercer

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
6,900

Mercer Listing Supply

In the last 90 days, 21 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 19% of the available leases in the Mercer 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 6,900 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this market were built in 1969 and are Class B.

Mercer Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst Mercer occupants. Commuting between 30 and 45 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 Mercer.
Research