Most listings are in the $40's per square foot per year. The Merrifield region is experiencing a a boost in rates. In the last 3 months, the median rate went up $13 per sqft per year. That's a 41% increase in rent.
Compared to the rest of the Washington D.C. market, the Merrifield submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 12 listings have been made available, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 92% of the available space in the Merrifield 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.
Even though the median size is 3,310 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 4 stories. Most buildings in this region were built in 1985 and are Class A.