On average, listings lease in the $10's per square foot per year. The Leominster submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $16 per sqft per year.
Compared to the rest of the Greater Boston market, the Leominster region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 27 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 7% of the available leases in the Leominster are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this area were built in 1966 and are Class A.
Real time and historical data on commercial real estate listings in Leominster.
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