Most listings are in the $0's per square foot per year. The Merritt region is going through a decline in rates. In the last 3 months, the median rate decreased $50 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 12 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most properties in this market are around 7 floors. Most buildings in this market were built in 1985 and are Class A.
Wholesale trade is the dominant industry in this market. Most of the residents of Merritt work from home. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.