On average, listings lease in the $30's per square foot per year. The Woods Corner submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 20% decline in rent.
Compared to the rest of the Greater Boston market, the Woods Corner region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 7 listings have been posted online, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 229% of the listings in the Woods Corner are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 10,490 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 4 stories. Most buildings in this area were built in 1985 and are Class A.
This region is fairly equally mixed residential and commercial. Education is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Woods Corner residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.