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The typical asking rate per commerial real estate listing leases is in the $10's per square foot per year. The Clinton submarket is seeing a an increase in rates. In the last 3 months, the median rate for lease increased $15 per sqft per year.
Compared to the rest of the Greater Boston commercial real estate market, the Clinton region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 7 commercial real estate listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 14% of the available commercial real estate space in the Clinton 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 on the market, so finding a space for a small business might be tough.
The standard size for office space in this area is around 1,840 sqft. Most properties in this market are approximately 3 stories. Most buildings in this area were built close to 1890 and are Class C.
Real time and historical data on commercial real estate listings in Clinton.
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