Southeast Meridian Retail

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Southeast Meridian

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Southeast Meridian Rates

Most listings are in the $10's per square foot per year. The Southeast Meridian submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 34% decline in rent.

Southeast Meridian Listing Supply

In the last 90 days, 10 listings have been made available, which means leases might be 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,560 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 1 floors. Most buildings in this market were built in 2005 and are Class A.

Southeast Meridian Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Southeast Meridian occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.