On average, listings lease in the $10's per square foot per year. The Medford submarket is going through a an increase in rates. In the last 3 months, the median rate increased $16 per sqft per year.
Compared to the rest of the Greater Boston market, the Medford submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 6 listings have been listed, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 7,020 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 5 floors. Most buildings in this region were built in 1990 and are Class A.