Groton Industrial

Groton

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
150
As of: June 28, 2017

Groton Rates

The typical asking rate per listing is in the $40's per square foot per year. The Groton submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $42 per sqft per year.

Groton Listing Supply

In the last 90 days, 4 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the listings in the Groton are subleases, so you might be able to find a shorter term or below market rent. 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 150 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area were built in 1983.

Groton Community

Market Report

Trends and status of the commercial real estate market in Groton.
Market Report

Market Data

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