The typical asking rate per listing is in the $20's per square foot per year. The Hopkinton submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $30 per sqft per year.
Compared to the rest of the Greater Boston market, the Hopkinton submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 12 listings have been made available, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area were built in 2000 and are Class B.
Real time and historical data on commercial real estate listings in Hopkinton.
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