Xceligent Customers, We're ready to help with the tools you need.

Somerville Retail Space For Lease

Somerville

Market Report

Number of Listings For Lease
Posted in the last 180 days
6
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
4,900

Somerville Commercial Real Estate

Find Somerville commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Somerville commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Somerville Rates

On average, commerial real estate listings lease in the $20's per square foot per year. The Somerville submarket is seeing a an increase in rates. In the last 3 months, the median rate for lease increased $22 per sqft per year.

Somerville Listing Supply

In the last 180 days, 46 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 4,900 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built close to 1950 and are Class C.

Somerville Community

Market Data

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