On average, listings lease in the $10's per square foot per year. The West Concord region is seeing a an increase in rates. In the last 3 months, the median rate increased $18 per sqft per year.
Compared to the rest of the Greater Boston market, the West Concord submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 34 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 12% of the available space in the West Concord 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.
The standard measurement for office space in this area is around 1,400 sqft. Most properties in this area are around 3 floors. Most buildings in this market were built in 1980 and are Class B.
Real time and historical data on commercial real estate listings in West Concord.
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