On average, listings lease in the $30's per square foot per year. The Merrifield submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the Washington D.C. market, the Merrifield submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 12 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 8% of the available leases in the Merrifield are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 6,950 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 6 floors. Most buildings in this area were built in 1986 and are Class A.