The typical asking rate per listing is in the $10's per square foot per year. The Merritt Island region is going through a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 31% decline in rent.
In the last 90 days, 34 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 15% of the available leases in the Merritt Island are subleases, so you might be able to find a shorter term or below market rent. 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 2,250 sqft. Most buildings in this region are around 2 stories. Most buildings in this region were built in 1989 and are Class B.