Lowell Retail

Lowell

Office Space Market Report

Number of Listings (last 90 days)
61
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,200
As of: March 12, 2017

Lowell Rates

On average, listings lease in the $20's per square foot per year. The Lowell submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 30% decrease in rent.

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

Lowell Listing Supply

In the last 90 days, 61 listings have been made available, so you'll want to check back regularly for new listings. 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 1,200 sqft. Most buildings in this area are approximately 4 stories. Most buildings in this market were built in 1977 and are Class B.

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