South Norwalk Industrial

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South Norwalk

Market Report

Number of Listings
Posted in the last 90 days
12
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
3,970

South Norwalk Rates

Most listings are in the $30's per square foot per year. The South Norwalk submarket is going through a a boost in rates. In the last 3 months, the median rate increased $13 per sqft per year. That's a 53% rise in rent.

Compared to the rest of the Fairfield market, the South Norwalk submarket has greater rates, and you'll need to make a great offer to be in this hot region.

South Norwalk Listing Supply

In the last 90 days, 129 listings have been listed, so you'll want to check back regularly for new listings. About 12% of the available space in the South 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.

Even though the median size is 3,970 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this area were built in 1986 and are Class B.

South Norwalk Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst South Norwalk folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

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