The typical asking rate per listing is in the $20's per square foot per year. The Downtown Bridgeport submarket is going through a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 15% decline in rent.
Compared to the rest of the Fairfield market, the Downtown Bridgeport submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 136 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the available space in the Downtown Bridgeport are subleases, so you will probably have to consider a longer term lease. 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 1,850 sqft. Most buildings in this market are around 4 stories. Most buildings in this market were built in 1989 and are Class C.
A large portion of this area is residential, but there's plenty of office_space. Waste services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Bridgeport 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 Downtown Bridgeport.
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