The typical asking rate per listing is in the $20's per square foot per year. The Back Central submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decrease in rent.
Compared to the rest of the Greater Boston market, the Back Central region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 5 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. 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 550 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Back Central folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.