Concord Retail

Concord

Office Space Market Report

Number of Listings (last 90 days)
116
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,380
As of: February 23, 2017

Concord Rates

On average, listings lease in the $20's per square foot per year. The Concord submarket is going through a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 14% rise in rent.

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

Concord Listing Supply

In the last 90 days, 120 listings have been made available, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Concord are subleases, so you will probably have to focus your search on direct office leases. 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 1,500 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1920 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