The typical asking rate per listing is in the $0's per square foot per year. The Merced region is seeing a decline in rates. In the last 3 months, the median rate decreased $19 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 1 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 200% of the available leases in the Merced 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most properties in this region are approximately 1 stories. Most buildings in this area were built in 1983 and are Class A.