Lowell, Massachusetts, a city with a rich history as a planned manufacturing center for textiles, offers a unique blend of industrial heritage and modern amenities, making it an attractive location for businesses looking to lease a Commercial Real Estate Property. With its proximity to major transportation facilities, including Interstate 495, U.S. Route 3, and the Lowell Connector, Lowell provides easy access to Boston and other major areas in the Greater Boston region. The city's diverse population, educational institutions, and cultural facilities, such as the Whistler House Museum of Art and the Merrimack Repertory Theatre, create a vibrant atmosphere that attracts visitors and businesses alike. Additionally, Lowell's revitalization efforts have focused on cultural development and urban renewal, making it an ideal location for businesses looking to establish themselves in a thriving community.
With 50 Commercial Real Estate Properties available for lease in Lowell, businesses can find the perfect space to suit their needs. The average annual rent per square foot is $14 USD, with sizes ranging from 100 square feet to 230,982 square feet. In addition to Commercial Real Estate, Lowell also offers Office Space, Coworking Space, Retail Space, and Industrial Space, each with its own unique characteristics and advantages. For example, Office Space in Lowell is ideal for businesses looking for a professional setting, while Coworking Space provides a collaborative environment for startups and entrepreneurs. Retail Space in Lowell offers a prime location for businesses looking to connect with customers, and Industrial Space provides ample room for manufacturing and production. Overall, Lowell's diverse range of properties and amenities make it an attractive location for businesses looking to establish themselves in the region.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Lowell, Massachusetts, there are several key factors to consider, including:
- Location and accessibility, with proximity to major transportation hubs like the Lowell Regional Transit Authority (LRTA) and the Lowell train station, as well as easy access to Interstate 495 and U.S. Route 3;
- The size and layout of the space, with options ranging from 17,993 square feet to 230,982 square feet, and average annual rent per square foot of $14 USD;
- The local economy and industry, with major sectors including healthcare, law enforcement, cable, technology innovation, historical inventions, and banking and financial institutions, and a diverse range of amenities and attractions that can support your business.
How do I determine the right size and type of commercial property to rent for my business needs?
When searching for the right commercial property to rent in Lowell, it's essential to consider the specific needs of your business. To determine the ideal size and type of property, you'll want to assess factors such as the number of employees, equipment requirements, and customer traffic.
- Currently, there are 50 available listings of commercial real estate for lease in Lowell, offering a range of options to suit various business needs, with average annual rent per square foot at $14 USD and average size at 17,993 square feet.
- Consider the maximum space size you'll need, with options available up to 230,982 square feet, and think about the type of property that will best support your operations, such as office, retail, or industrial space.
- Additionally, take into account the amenities and infrastructure that are important to your business, such as proximity to public transportation, parking, and access to major highways like Interstate 495 and U.S. Route 3.
