Willimantic Industrial

Willimantic

Office Space Market Report

Number of Listings (last 90 days)
27
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
850
As of: August 22, 2017

Willimantic Rates

On average, listings lease in the $10's per square foot per year. The Willimantic submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $16 per sqft per year.

Compared to the rest of the Greater Boston market, the Willimantic region has smaller rates, so you should have no trouble finding a great deal in this discounted region.

Willimantic Listing Supply

In the last 90 days, 2 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available leases in the Willimantic 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 posted, 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 market are around 2 floors. Most buildings in this area were built in 1925 and are Class C.

Willimantic Community

Market Report

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

Market Data

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