Danvers Retail Space

Danvers

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,850

Danvers Rates

Most listings are in the $20's per square foot per year. The Danvers submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $32 per sqft per year. That's a 60% decline in rent.

Compared to the rest of the Greater Boston market, the Danvers submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Danvers Listing Supply

In the last 90 days, 96 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the available leases in the Danvers are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,850 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1987 and are Class B.

Danvers Community

Market Data

Real time and historical data on commercial real estate listings in Danvers.
Research