On average, listings lease in the $10's per square foot per year. The Westbrook submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 15% decline in rent.
In the last 90 days, 5 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 360% of the listings in the Westbrook are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,680 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 1900 and are Class Class B.