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Wayland Commercial Real Estate For Lease

Wayland

Market Report

Number of Listings For Lease
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
1,100

Wayland Commercial Real Estate

Find Wayland commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Wayland commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Wayland Rates

The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Wayland submarket is seeing a an increase in rates. In the last 3 months, the median rate for lease went up $8 per sqft per year. That's a 41% increase in rent.

Compared to the rest of the Greater Boston commercial real estate market, the Wayland region has greater rates for rent, and you may need to pay a premium to be in this hot submarket.

Wayland Listing Supply

In the last 90 days, 19 commercial real estate listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 size for office space in this area is around 1,100 sqft. Most buildings in this region are close to 2 floors. Most buildings in this region were built around 1930 and are Class B.

Wayland Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Wayland occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

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