The typical asking rate per listing is in the $20's per square foot per year. The Salem region is experiencing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 9% increase in rent.
In the last 90 days, 465 listings have been made available, so you'll want to check back regularly for new listings. About 8% of the listings in the Salem are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,650 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region were built in 1984 and are Class A.
Real time and historical data on commercial real estate listings in Salem.
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