On average, listings lease in the $10's per square foot per year. The West Concord submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $18 per sqft per year.
Compared to the rest of the Greater Boston market, the West Concord region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 34 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 12% of the available space in the West Concord 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 1,400 sqft. Most properties in this area are approximately 3 stories. Most buildings in this region were built in 1980 and are Class B.
Real time and historical data on commercial real estate listings in West Concord.
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