Merion Village Office Space

Merion Village

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
5,190
As of: June 25, 2017

Merion Village Rates

The typical asking rate per listing is in the $10's per square foot per year. The Merion Village submarket is going through a a boost in rates. In the last 3 months, the median rate rose $16 per sqft per year.

Compared to the rest of the Columbus market, the Merion Village region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Merion Village Listing Supply

In the last 90 days, 5 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 80% of the listings in the Merion Village are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 5,190 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this region were built in 1915 and are Class C.

Merion Village Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Merion Village folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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