The typical asking rate per listing is in the $40's per square foot per year. The Franklin Town region is experiencing a a rise in rates. In the last 3 months, the median rate went up $21 per sqft per year. That's a 80% rise in rent.
Compared to the rest of the Greater Boston market, the Franklin Town region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 30 listings have been listed, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 3% of the available space in the Franklin Town are subleases, so you will probably have to consider a longer term lease. 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 3,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1989 and are Class A.