On average, listings lease in the $40's per square foot per year. The Burlington submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $42 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Greater Boston market, the Burlington submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 15 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 33% of the available space in the Burlington are subleases, so you might be able to snag a great spot on a short term. 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 7,730 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 3 stories. Most buildings in this area were built in 1984 and are Class B.