Merritt Sublease

Merritt

Office Space Market Report

Number of Listings (last 90 days)
0
As of: December 8, 2016

Merritt Rates

The typical asking rate per listing is in the $0's per square foot per year. The Merritt submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $48 per sqft per year. That's a 100% decrease in rent.

Merritt Listing Supply

In the last 90 days, 0 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available leases in the Merritt are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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  sqft. Most properties in this region are close to 7 stories. Most buildings in this region were built in 1987 and are Class A.

Merritt Community

This region is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this region. Most of the residents of Merritt work from home. Commuting close to 15 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 Merritt.
Market Report

Market Data

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