New Bedford, Massachusetts, is a city that offers a unique blend of history, culture, and commerce, making it an ideal location for a Commercial Real Estate Property For Lease. With its rich whaling heritage and strong fishing industry, New Bedford has evolved into a thriving city with a diverse economy. The city's infrastructure, including the New Bedford Regional Airport, Interstate 195, and the Port of New Bedford, provides easy access to major markets and transportation hubs. Additionally, the city's amenities, such as the New Bedford Whaling National Historical Park, Buttonwood Park Zoo, and the Zeiterion Theatre, make it an attractive location for businesses and residents alike. With a population of around 90,000, New Bedford offers a strong workforce and a growing market for businesses looking to establish a presence in the area.
New Bedford's Commercial Real Estate market offers a range of options, including 30 listings available For Lease. The city's average annual rent per square foot is $16 USD, with a minimum of $4 USD and a maximum of $40 USD. The average size of a Commercial Real Estate Property in New Bedford is 17,829 square feet, with options ranging from 144 to 617,681 square feet. In addition to Commercial Real Estate, New Bedford also offers Office Space, Coworking Space, Retail Space, and Industrial options, each with its own unique characteristics and advantages. Office Space in New Bedford is ideal for businesses looking for a professional setting, while Coworking Space offers a collaborative and flexible work environment. Retail Space in New Bedford is perfect for businesses looking to establish a storefront, and Industrial options are available for companies requiring specialized facilities. With its diverse economy and range of Commercial Real Estate options, New Bedford is an attractive location for businesses looking to establish a presence in the area.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in New Bedford, Massachusetts, there are several key factors to consider, including:
- Average annual rent per square foot, currently at $16 USD, and the average size of available listings, which is 17,829 square feet, to ensure you're getting a fair deal.
- The maximum space size available, which is 617,681 square feet, to accommodate your business needs.
- The location and accessibility of the property, considering factors like proximity to major transportation hubs, such as the New Bedford Regional Airport and the Port of New Bedford, as well as the city's infrastructure, including Interstate 195 and U.S. Route 6.
How do I determine the right size and type of commercial property to rent for my business needs?
Determining the right size and type of commercial property to rent for your business needs in New Bedford requires careful consideration of several factors. By assessing your business requirements, you can narrow down the options from the 30 available listings of commercial real estate for lease in New Bedford.
- First, evaluate your business operations and identify the minimum square footage required to accommodate your employees, equipment, and inventory. For reference, the average size of commercial properties for lease in New Bedford is 17,829 square feet, with a maximum space size of 617,681 square feet.
- Next, consider the type of commercial property that best suits your business needs, such as office, retail, or industrial space. Think about the amenities and features that are essential to your operations, such as proximity to public transportation, parking, and loading facilities.
- Finally, factor in your budget and calculate the average annual rent per square foot, which is currently $16 USD in New Bedford. This will help you determine the right size and type of property that fits within your budget.
