The typical asking rate per listing is in the $20's per square foot per year. The East Side Manchester submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 16% rise in rent.
Compared to the rest of the Greater Boston market, the East Side Manchester submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 171 listings have come on the market, so you'll want to check back regularly for new listings. About 22% of the available leases in the East Side Manchester are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,080 sqft. Most properties in this market are close to 2 stories. Most buildings in this area were built in 1915 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst East Side Manchester folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.