Most listings are in the $10's per square foot per year. The Colchester Town region is seeing a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 29% decrease in rent.
In the last 90 days, 109 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Colchester Town are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 4 stories. Most buildings in this market were built in 1995 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Colchester Town folk. Commuting around 15 minutes 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 Colchester Town.
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