Wayland Retail

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Wayland

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,500
As of: June 27, 2017

Wayland Rates

The typical asking rate per listing is in the $20's per square foot per year. The Wayland region is experiencing a an increase in rates. In the last 3 months, the median rate rose $25 per sqft per year.

Compared to the rest of the Greater Boston market, the Wayland region has greater rates, and you'll need to make a great offer to be in this hot region.

Wayland Listing Supply

In the last 90 days, 4 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 125% of the listings in the Wayland are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, 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 area are close to 2 stories. Most buildings in this region were built in 1941 and are Class B.

Wayland Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Wayland occupants. Commuting more than an hour and a half 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 Wayland.
Market Report

Market Data

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