The typical asking rate per listing is in the $30's per square foot per year. The Merrifield region is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the Washington D.C. market, the Merrifield region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 10 listings have come on the market, which means new availabilities 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,750 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 6 stories. Most buildings in this market were built in 1986 and are Class A.