North Woburn Retail

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North Woburn

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
5,000
As of: February 19, 2017

North Woburn Rates

Most listings are in the $30's per square foot per year. The North Woburn submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $40 per sqft per year.

Compared to the rest of the Greater Boston market, the North Woburn region has greater rates, and you'll need to pay a premium to be in this hot region.

North Woburn Listing Supply

In the last 90 days, 14 listings have been posted online, which means listings are probably 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 5,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 7 stories. Most buildings in this area were built in 1984 and are Class B.

North Woburn Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst North Woburn residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in North Woburn.
Market Report

Market Data

Real time and historical data on commercial real estate listings in North Woburn.
Research