On average, listings lease in the $30's per square foot per year. The Watertown Town region is seeing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 14% rise in rent.
Compared to the rest of the Greater Boston market, the Watertown Town submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 15 listings have been made available, which means new availabilities might be going fast. 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 10,578 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1931 and are Class B.