The typical asking rate per listing is in the $20's per square foot per year. The Marlborough submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the Greater Boston market, the Marlborough region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 2 listings have come on the market, 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 posted, so finding a space for a small business might be tough.
Even though the median size is 12,070 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1986 and are Class B.