Norwalk Industrial Space

Norwalk

Market Report

Number of Listings
Posted in the last 90 days
70
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,000

Norwalk Rates

The typical asking rate per listing is in the $30's per square foot per year. The Norwalk region is experiencing a decrease in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 25% decrease in rent.

Compared to the rest of the Fairfield market, the Norwalk region has smaller rates, so you should have no trouble finding a great deal in this discounted region.

Norwalk Listing Supply

In the last 90 days, 518 listings have been posted online, so you'll want to check back regularly for new listings. About 10% of the available leases in the Norwalk are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 1980 and are Class B.

Norwalk Community

Market Data

Real time and historical data on commercial real estate listings in Norwalk.
Research