Merritt Island Office Space

Merritt Island

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,510
As of: December 4, 2016

Merritt Island Rates

On average, listings lease in the $10's per square foot per year. The Merritt Island submarket is going through a a rise in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 25% rise in rent.

Merritt Island Listing Supply

In the last 90 days, 9 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,510 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region were built in 1989 and are Class A.

Merritt Island Community

Market Report

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

Market Data

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

Merritt Island Submarkets