The typical asking rate per listing is in the $40's per square foot per year. The Watertown Town submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $11 per sqft per year. That's a 31% increase in rent.
Compared to the rest of the Greater Boston market, the Watertown Town submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 87 listings have been made available, so you'll want to check back regularly for new listings. About 9% of the listings in the Watertown Town 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 5,730 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area were built in 1925 and are Class A.
Real time and historical data on commercial real estate listings in Watertown Town.
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