On average, listings lease in the $30's per square foot per year. The Watertown Town region is going through a a rise in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 14% rise in rent.
Compared to the rest of the Greater Boston market, the Watertown Town submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 15 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 10,578 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this region were built in 1931 and are Class B.