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The typical asking rate per commerial real estate listing leases is in the $30's per square foot per year. The East Side Manchester region is going through a a boost in rates. In the last 3 months, the median rate for lease increased $2 per sqft per year. That's a 7% increase in rent.
Compared to the rest of the Greater Boston commercial real estate market, the East Side Manchester region has greater rates for rent, and you may need to make a great offer to be in this hot submarket.
In the last 90 days, 712 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 500 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built around 1916 and are Class .
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst East Side Manchester occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in East Side Manchester.
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