On average, listings lease in the $50's per square foot per year. The Danvers submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $53 per sqft per year.
Compared to the rest of the Greater Boston market, the Danvers submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 33 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available leases in the Danvers 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,800 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this region were built in 1987 and are Class B.