On average, listings lease in the $20's per square foot per year. The Manchester region is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 18% decrease in rent.
Compared to the rest of the Greater Boston market, the Manchester submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 237 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the available leases in the Manchester are subleases, so you will probably have to consider a longer term lease. 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 3,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this region were built in 1920 and are Class Class B.