Most listings are in the $30's per square foot per year. The North Woburn region is experiencing a a boost in rates. In the last 3 months, the median rate rose $40 per sqft per year.
Compared to the rest of the Greater Boston market, the North Woburn submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 16 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 5,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 7 floors. Most buildings in this area were built in 1999 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst North Woburn folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.