Lowell Retail

Lowell

Office Space Market Report

Number of Listings (last 90 days)
61
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
8,150
As of: July 23, 2017

Lowell Rates

On average, listings lease in the $10's per square foot per year. The Lowell region is going through a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 20% decline in rent.

Compared to the rest of the Greater Boston market, the Lowell submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Lowell Listing Supply

In the last 90 days, 61 listings have been listed, so you'll want to check back regularly for new listings. About 20% of the office spaces in the Lowell 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 8,150 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 4 stories. Most buildings in this market were built in 1977 and are Class A.

Lowell Community

Market Report

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

Market Data

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