The typical asking rate per listing is in the $20's per square foot per year. The East Merrimack submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $14 per sqft per year. That's a 94% rise in rent.
Compared to the rest of the Greater Boston market, the East Merrimack submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 1 listings have been listed, which means spaces 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.
The standard measurement for office space in this area is around 450 sqft. Most buildings in this region are around 1 stories. Most buildings in this area were built in 1981 and are Class Class B.