On average, listings lease in the $30's per square foot per year. The Burlington region is experiencing a a boost in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 29% rise in rent.
Compared to the rest of the Greater Boston market, the Burlington region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 23 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available space in the Burlington 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 7,390 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this area were built in 1985 and are Class A.