On average, listings lease in the $20's per square foot per year. The East Rock submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $23 per sqft per year.
In the last 90 days, 18 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 6% of the available space in the East Rock 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 500 sqft. Most buildings in this region are around 2 stories. Most buildings in this region were built in 1918 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst East Rock 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 East Rock.
Get email notifications when new listings are posted that match your requirements.