Portsmouth Medical Space

Portsmouth

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
4,000

Portsmouth Rates

Most listings are in the $30's per square foot per year. The Portsmouth region is going through a an increase in rates. In the last 3 months, the median rate rose $18 per sqft per year. That's a 82% rise in rent.

Compared to the rest of the Greater Boston market, the Portsmouth submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.

Portsmouth Listing Supply

In the last 90 days, 354 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the available space in the Portsmouth are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 leases below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 1942 and are Class A.

Portsmouth Community

Market Data

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