Merriam Office Space

Merriam

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,810
As of: June 28, 2017

Merriam Rates

The typical asking rate per listing is in the $20's per square foot per year. The Merriam submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $22 per sqft per year.

Merriam Listing Supply

In the last 90 days, 14 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 29% of the available space in the Merriam are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,810 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 3 stories. Most buildings in this region were built in 1980 and are Class B.

Merriam Community

Market Report

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

Market Data

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

Merriam Submarkets