Average cost per square foot for retail space in Massachusetts?

As of 2023, the average cost per square foot for retail space in Massachusetts varies significantly depending on the location, with urban areas like Boston commanding higher prices, often exceeding $30 per square foot annually. In suburban regions, rates can range from $15 to $25 per square foot. Factors such as neighborhood demand, property condition, and local economic conditions also play a crucial role in determining rental prices. For the most accurate and current figures, it's advisable to consult local real estate listings or market reports.