On average, listings lease in the $30's per square foot per year. The Upper Concord Street submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $35 per sqft per year.
In the last 90 days, 1 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the Upper Concord Street 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 5,500 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market were built in 1990 and are Class A.
This area is fairly equally mixed residential and commercial. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Upper Concord Street residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.