Most listings are in the $30's per square foot per year. The Lowell region is experiencing a an increase in rates. In the last 3 months, the median rate rose $30 per sqft per year.
Compared to the rest of the Greater Boston market, the Lowell region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 14 listings have been made available, which means new listings might be going fast. 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.
Even though the median size is 7,500 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 4 floors. Most buildings in this region were built in 1977 and are Class B.