The typical asking rate per listing is in the $20's per square foot per year. The Warwick submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the Greater Boston market, the Warwick region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 243 listings have come on the market, so you'll want to check back regularly for new listings. About 18% of the office spaces in the Warwick are subleases, so you might be able to find a shorter term or below market rent. 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 2,730 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1972 and are Class B.
Real time and historical data on commercial real estate listings in Warwick.
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