On average, listings lease in the $30's per square foot per year. The Lowell submarket is going through a a rise in rates. In the last 3 months, the median rate increased $30 per sqft per year.
Compared to the rest of the Greater Boston market, the Lowell submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 13 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 700 sqft. Most properties in this area are close to 4 floors. Most buildings in this market were built in 1977 and are Class B.