On average, listings lease in the $20's per square foot per year. The Wakefield submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $21 per sqft per year.
Compared to the rest of the Greater Boston market, the Wakefield submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 5 listings have been posted online, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 60% of the office spaces in the Wakefield 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,830 sqft. Most buildings in this area are close to 4 floors. Most buildings in this market were built in 1983 and are Class A.