On average, listings lease in the $20's per square foot per year. The Canaan submarket is going through a a boost in rates. In the last 3 months, the median rate went up $25 per sqft per year.
In the last 90 days, 4 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,500 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 1972.
Real time and historical data on commercial real estate listings in Canaan.
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