On average, listings lease in the $30's per square foot per year. The Swampscott region is going through a an increase in rates. In the last 3 months, the median rate rose $40 per sqft per year.
Compared to the rest of the Greater Boston market, the Swampscott submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 12 listings have come on the market, which means office spaces 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 160 sqft. Most properties in this market are around 2 stories.
Real time and historical data on commercial real estate listings in Swampscott.
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