Merrillville Office Space

Merrillville

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,650
As of: March 13, 2017

Merrillville Rates

On average, listings lease in the $10's per square foot per year. The Merrillville submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 7% rise in rent.

Compared to the rest of the Chicagoland market, the Merrillville region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Merrillville Listing Supply

In the last 90 days, 17 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,650 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this region were built in 1983 and are Class B.

Merrillville Community

Market Report

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

Market Data

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