Wayland Office Space

Wayland

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,380
As of: June 22, 2017

Wayland Rates

On average, listings lease in the $20's per square foot per year. The Wayland submarket is going through a an increase in rates. In the last 3 months, the median rate increased $26 per sqft per year.

Compared to the rest of the Greater Boston market, the Wayland region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Wayland Listing Supply

In the last 90 days, 4 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 150% of the office spaces in the Wayland 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 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 region are around 2 floors. Most buildings in this market were built in 1941 and are Class B.

Wayland Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Wayland folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Wayland.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Wayland.
Research