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: June 27, 2017

Lowell Rates

On average, listings lease in the $10's per square foot per year. The Lowell submarket is going through a an increase in rates. In the last 3 months, the median rate rose $16 per sqft per year.

Compared to the rest of the Greater Boston market, the Lowell submarket 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 listed, so you'll want to check back regularly for new listings. About 20% of the listings in the Lowell are subleases, so you might be able to snag a great spot on a short term. 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 8,150 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 4 stories. Most buildings in this area 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