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Most commerial real estate listings for lease are in the $20's per square foot per year. The Newtown submarket is experiencing a decrease in rates. In the last 3 months, the median rate for lease fell $3 per sqft per year.
Compared to the rest of the Fairfield commercial real estate market, the Newtown region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 21 commercial real estate listings have been posted online, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 1,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built around 1968 and are Class A.
Real time and historical data on commercial real estate listings in Newtown.
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