The typical asking rate per listing is in the $10's per square foot per year. The Beverly region is experiencing a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 25% decrease in rent.
Compared to the rest of the Greater Boston market, the Beverly region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 4 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 9,500 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 6 floors. Most buildings in this market were built in 1929 and are Class A.