The typical asking rate per listing is in the $20's per square foot per year. The Cranston submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 8% rise in rent.
Compared to the rest of the Greater Boston market, the Cranston region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 14 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,900 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 1955 and are Class Class A.