On average, listings lease in the $20's per square foot per year. The Woburn region is experiencing a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 23% decline in rent.
Compared to the rest of the Greater Boston market, the Woburn submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 59 listings have come on the market, so you'll want to check back regularly for new listings. About 32% of the office spaces in the Woburn 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 4,950 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 7 floors. Most buildings in this region were built in 1981 and are Class A.