The typical asking rate per listing is in the $10's per square foot per year. The Beverly region is experiencing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 25% decline in rent.
Compared to the rest of the Greater Boston market, the Beverly region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 4 listings have been listed, which means new availabilities 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 posted, so finding a space for a small business might be tough.
Even though the median size is 9,500 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 6 floors. Most buildings in this market were built in 1929 and are Class A.