The typical asking rate per listing is in the $10's per square foot per year. The East Merrimack submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 39% decrease in rent.
Compared to the rest of the Greater Boston market, the East Merrimack region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 14 listings have been listed, which means listings might be leasing quickly. 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.
The standard measurement for office space in this area is around 2,380 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this market were built in 1981 and are Class Class.