The typical asking rate per listing is in the $10's per square foot per year. The Bridgeport submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 7% increase in rent.
In the last 90 days, 5 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 20% of the listings in the Bridgeport 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.
The standard measurement for office space in this area is around 2,180 sqft. Most properties in this area are approximately 3 floors. Most buildings in this region were built in 2000 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Bridgeport residents. Commuting around 30 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 Bridgeport.
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