On average, listings lease in the $10's per square foot per year. The Rhode Island submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.
In the last 90 days, 94 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the listings in the Rhode Island are subleases, so you will probably have to consider a longer term lease. 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 3,200 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this region were built in 1930 and are Class B.