Concord Retail

Concord

Office Space Market Report

Number of Listings (last 90 days)
121
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
290
As of: August 20, 2017

Concord Rates

On average, listings lease in the $30's per square foot per year. The Concord submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% increase in rent.

Compared to the rest of the Greater Boston market, the Concord region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Concord Listing Supply

In the last 90 days, 121 listings have been listed, so you'll want to check back regularly for new listings. About 24% of the available leases in the Concord are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 290 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 1924 and are Class Class B.

Concord Community

Market Report

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

Market Data

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