On average, listings lease in the $10's per square foot per year. The Mercerville submarket is going through a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 33% decline in rent.
In the last 90 days, 7 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 71% of the office spaces in the Mercerville are subleases, so you might be able to snag a great spot on a short term. 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 1,310 sqft. Most properties in this market are close to 1 stories. Most buildings in this region were built in 1977 and are Class A.