On average, listings lease in the $10's per square foot per year. The Beverly region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decrease in rent.
Compared to the rest of the Greater Boston market, the Beverly region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 34 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 6% of the listings in the Beverly 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this region are approximately 4 floors. Most buildings in this area were built in 1985 and are Class A.