Norwood Retail

Norwood

Market Report

Number of Listings
Posted in the last 90 days
18
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
5,000

Norwood Rates

On average, listings lease in the $10's per square foot per year. The Norwood region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decline in rent.

Norwood Listing Supply

In the last 90 days, 140 listings have been posted online, so you'll want to check back regularly for new listings. About 14% of the listings in the Norwood are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 6,520 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this area were built in 1990 and are Class A.

Norwood Community

Market Data

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