Merritt Sublease

Merritt

Office Space Market Report

Number of Listings (last 90 days)
12
As of: April 29, 2017

Merritt Rates

On average, listings lease 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 $50 per sqft per year. That's a 100% decrease in rent.

Merritt Listing Supply

In the last 90 days, 12 listings have been listed, which means listings are probably 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.

The standard measurement for office space in this area is around  sqft. Most buildings in this area are approximately 7 stories. Most buildings in this area were built in 1985 and are Class A.

Merritt Community

Wholesale trade is the dominant industry in this region. Most of the occupants of Merritt work from home. Commuting approximately 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