Meriden Industrial

Meriden

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
5,240
As of: August 19, 2017

Meriden Rates

On average, listings lease in the $20's per square foot per year. The Meriden submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $10 per sqft per year. That's a 63% increase in rent.

Meriden Listing Supply

In the last 90 days, 13 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 92% of the office spaces in the Meriden are subleases, so you might be able to snag a great spot on a short term. 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 5,240 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built in 1960 and are Class B.

Meriden Community

Market Report

Trends and status of the commercial real estate market in Meriden.
Market Report

Market Data

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