Groton Retail

Groton

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
150
As of: August 17, 2017

Groton Rates

The typical asking rate per listing is in the $40's per square foot per year. The Groton submarket is going through a a rise in rates. In the last 3 months, the median rate rose $42 per sqft per year.

Groton Listing Supply

In the last 90 days, 4 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the office spaces in the Groton are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 150 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1983.

Groton Community

Market Report

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

Market Data

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