Westport Industrial

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Westport

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
1,400

Westport Rates

Most listings are in the $40's per square foot per year. The Westport submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 13% decline in rent.

Compared to the rest of the Fairfield market, the Westport submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Westport Listing Supply

In the last 90 days, 326 listings have been made available, so you'll want to check back regularly for new listings. About 10% of the available space in the Westport are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,330 sqft. Most buildings in this area are close to 2 floors. Most buildings in this region were built in 1978 and are Class A.

Westport Community

Market Data

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