Northeast Meridian Retail

Northeast Meridian

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,760
As of: July 25, 2017

Northeast Meridian Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northeast Meridian submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 24% rise in rent.

Northeast Meridian Listing Supply

In the last 90 days, 13 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 54% of the available leases in the Northeast Meridian 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,760 sqft. Most buildings in this area are close to 1 floors. Most buildings in this market were built in 2006 and are Class A.

Northeast Meridian Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Northeast Meridian folk. Commuting around 10 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 Northeast Meridian.
Market Report

Market Data

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