On average, listings lease in the $30's per square foot per year. The Cowesett submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 34% increase in rent.
Compared to the rest of the Greater Boston market, the Cowesett submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 42 listings have come on the market, so you'll want to check back regularly for new listings. About 24% of the available space in the Cowesett are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,700 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this region were built in 1978 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Cowesett occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Cowesett.
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