Merrillville Office Space

Merrillville

Office Space Market Report

Number of Listings (last 90 days)
34
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,440
As of: December 5, 2016

Merrillville Rates

The typical asking rate per listing is in the $10's per square foot per year. The Merrillville submarket is experiencing a an increase 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 submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Merrillville Listing Supply

In the last 90 days, 34 listings have been listed, which means spaces are probably 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,440 sqft. Most buildings in this area are close to 1 floors. Most buildings in this market 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