Most listings are in the $20's per square foot per year. The Lynn submarket is going through a a rise in rates. In the last 3 months, the median rate went up $21 per sqft per year.
Compared to the rest of the Greater Boston market, the Lynn submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 15 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 7% of the available leases in the Lynn 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,840 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 3 floors. Most buildings in this area were built in 1968 and are Class B.
Real time and historical data on commercial real estate listings in Lynn.
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