The typical asking rate per listing is in the $20's per square foot per year. The Warwick submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the Greater Boston market, the Warwick region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 243 listings have come on the market, so you'll want to check back regularly for new listings. About 18% of the available leases in the Warwick 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,730 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this market were built in 1972 and are Class B.
Real time and historical data on commercial real estate listings in Warwick.
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