The typical asking rate per listing is in the $40's per square foot per year. The Waltham region is going through a an increase in rates. In the last 3 months, the median rate rose $12 per sqft per year. That's a 42% increase in rent.
Compared to the rest of the Greater Boston market, the Waltham region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 30 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 13% of the available space in the Waltham 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 6,010 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 4 floors. Most buildings in this market were built in 1981 and are Class A.