The typical asking rate per listing is in the $10's per square foot per year. The East Merrimack submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decrease in rent.
Compared to the rest of the Greater Boston market, the East Merrimack submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 14 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 29% of the office spaces in the East Merrimack 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.
The standard measurement for office space in this area is around 1,080 sqft. Most buildings in this area are close to 1 floors. Most buildings in this area were built in 1981 and are Class Class.