On average, listings lease in the $20's per square foot per year. The Watertown Town submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% increase in rent.
Compared to the rest of the Greater Boston market, the Watertown Town region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 30 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 2,160 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1931 and are Class A.