Most listings are in the $20's per square foot per year. The Greens Farms submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $39 per sqft per year. That's a 59% decline in rent.
Compared to the rest of the Fairfield market, the Greens Farms submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 27 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 7% of the listings in the Greens Farms are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 750 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this area were built in 1985 and are Class A.
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 car is the most popular way to get to work amongst Greens Farms residents. Commuting around 20 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 Greens Farms.
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