Andover Industrial

Andover

Market Report

Number of Listings
Posted in the last 90 days
9
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
630

Andover Rates

Most listings are in the $20's per square foot per year. The Andover submarket is going through a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 19% increase in rent.

Andover Listing Supply

In the last 90 days, 49 listings have been made available, so you'll want to check back regularly for new listings. About 22% of the available space in the Andover are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 630 sqft. Most properties in this area are close to 1 floors. Most buildings in this region were built in 1997 and are Class A.

Andover Community

Market Data

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