The typical asking rate per listing is in the $30's per square foot per year. The Burlington submarket is going through a a rise in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 28% rise in rent.
Compared to the rest of the Greater Boston market, the Burlington submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 23 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 9% of the listings in the Burlington are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 5,300 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this market were built in 1984 and are Class A.