The typical asking rate per listing is in the $20's per square foot per year. The Beverly region is seeing a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 20% increase in rent.
Compared to the rest of the Greater Boston market, the Beverly submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 18 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 11% of the office spaces in the Beverly 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 posted, so finding a space for a small business might be tough.
Even though the median size is 5,470 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 4 floors. Most buildings in this region were built in 1984 and are Class A.