On average, listings lease in the $10's per square foot per year. The Willimantic submarket is going through a an increase in rates. In the last 3 months, the median rate increased $16 per sqft per year.
Compared to the rest of the Greater Boston market, the Willimantic region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 27 listings have been made available, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. 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 850 sqft. Most properties in this region are close to 2 floors. Most buildings in this region were built in 1925 and are Class C.
Real time and historical data on commercial real estate listings in Willimantic.
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