The typical asking rate per listing is in the $20's per square foot per year. The South New Haven region is going through a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 25% decline in rent.
In the last 90 days, 57 listings have been listed, so you'll want to check back regularly for new listings. About 7% of the listings in the South New Haven are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,990 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 9 stories. Most buildings in this region were built in 1965 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst South New Haven folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in South New Haven.
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