On average, listings lease in the $20's per square foot per year. The Merriam submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 6% increase in rent.
In the last 90 days, 14 listings have been posted online, which means new listings 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 6,200 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 3 floors. Most buildings in this region were built in 1980 and are Class B.