On average, listings lease in the $20's per square foot per year. The Downtown Manchester submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 22% increase in rent.
Compared to the rest of the Greater Boston market, the Downtown Manchester region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 104 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the available leases in the Downtown Manchester are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,090 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this region were built in 1910 and are Class Class B.
A large portion of this area is residential, but there's plenty of office_space. Construction is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Downtown Manchester occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.