The typical asking rate per listing is in the $20's per square foot per year. The South Quincy region is experiencing a decrease in rates. In the last 3 months, the median rate fell $39 per sqft per year. That's a 57% decrease in rent.
Compared to the rest of the Greater Boston market, the South Quincy submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 6 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,310 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 5 stories. Most buildings in this market were built in 1988 and are Class A.
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 market. Commute by car is the most popular way to get to work amongst South Quincy residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.