Most listings are in the $10's per square foot per year. The Lower South Providence submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $17 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Greater Boston market, the Lower South Providence submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 2 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available space in the Lower South Providence 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 posted, so finding a space for a small business might be tough.
Even though the median size is 5,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this region were built in 2007 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Lower South Providence occupants. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.