Westport Medical

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Westport

Market Report

Number of Listings
Posted in the last 90 days
23
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
1,330

Westport Rates

The typical asking rate per listing is in the $50's per square foot per year. The Westport submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 5% decline in rent.

Compared to the rest of the Fairfield market, the Westport region has greater rates, and you'll need to pay a premium to be in this hot region.

Westport Listing Supply

In the last 90 days, 326 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the listings in the Westport are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,480 sqft. Most properties in this market are close to 2 floors. Most buildings in this area 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