The typical asking rate per listing is in the $10's per square foot per year. The Burlington Town Center region is seeing a decline in rates. In the last 3 months, the median rate fell $14 per sqft per year. That's a 43% decline in rent.
Compared to the rest of the Greater Boston market, the Burlington Town Center submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 15 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 7% of the office spaces in the Burlington Town Center are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,600 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 4 stories. Most buildings in this area were built in 1984 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Burlington Town Center residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.