The typical asking rate per listing is in the $20's per square foot per year. The Upper South Providence region is experiencing a an increase in rates. In the last 3 months, the median rate went up $25 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Greater Boston market, the Upper South Providence submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 6 listings have come on the market, which means listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,020 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 5 floors. Most buildings in this market were built in 1896 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Upper South Providence folk. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.