Most listings are in the $30's per square foot per year. The Watertown Town submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the Greater Boston market, the Watertown Town submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 22 listings have been made available, which means new listings are probably going fast. 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 2,800 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this area were built in 1931 and are Class A.