On average, listings lease in the $10's per square foot per year. The Willimantic submarket is going through a a boost in rates. In the last 3 months, the median rate increased $16 per sqft per year.
Compared to the rest of the Greater Boston market, the Willimantic region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 27 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 4% of the available space in the Willimantic are subleases, so you will probably have to consider a longer term lease. 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 850 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1925 and are Class C.
Real time and historical data on commercial real estate listings in Willimantic.
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