The typical asking rate per listing is in the $10's per square foot per year. The Willimantic region is seeing a a boost in rates. In the last 3 months, the median rate rose $16 per sqft per year.
Compared to the rest of the Greater Boston market, the Willimantic region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 27 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 4% of the available space in the Willimantic are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 850 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 1925 and are Class C.
Real time and historical data on commercial real estate listings in Willimantic.
Get email notifications when new listings are posted that match your requirements.