On average, listings lease in the $20's per square foot per year. The East Providence region is seeing a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 20% decline in rent.
Compared to the rest of the Greater Boston market, the East Providence submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 82 listings have been made available, so you'll want to check back regularly for new listings. About 22% of the listings in the East Providence 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 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 2,500 sqft. Most buildings in this area are close to 1 stories. Most buildings in this area were built in 1960 and are Class B.
Real time and historical data on commercial real estate listings in East Providence.
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