Merritt Office Space

Merritt

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
3,850
As of: December 5, 2016

Merritt Rates

Compared to the rest of the Fairfield market, the Merritt submarket has higher rates, and you'll need to make a great offer to be in this hot region.

Merritt Listing Supply

In the last 90 days, 4 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the office spaces in the Merritt 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 3,850 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 7 stories. Most buildings in this market were built in 1987 and are Class A.

Merritt Community

This market is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this region. Most of the folk of Merritt work from home. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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