South Norwalk Commercial Real Estate

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Sono 50 - 5 Spaces South Norwalk, Norwalk, CT partial floor opportunity
Aug 14
570 - 14,800
sqft
Office
20 N Main St - 2 Spaces South Norwalk, Norwalk, CT three rooms and divisible
Jul 31
1,200 - 1,820
sqft
Office Medical
144 Water St - Floor 2 South Norwalk, Norwalk, CT  
Jul 21
11,460
sqft
Office
85 Dr Martin Luther King Jr Dr - Space South Norwalk, Norwalk, CT  
Jul 21
5,000
sqft
Industrial
77 N Water St - 2 Spaces South Norwalk, Norwalk, CT rate negotiable
Jul 17
7,380 - 16,750
sqft
Sublease Office
Sono 50 - 7 Spaces South Norwalk, Norwalk, CT partial floor opportunity
May 02
1,160 - 9,100
sqft
Office Retail

South Norwalk

Market Report

Number of Listings
Posted in the last 90 days
12
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
3,970

South Norwalk Rates

Most listings are in the $30's per square foot per year. The South Norwalk region is going through a a boost in rates. In the last 3 months, the median rate rose $13 per sqft per year. That's a 53% rise in rent.

Compared to the rest of the Fairfield market, the South Norwalk submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

South Norwalk Listing Supply

In the last 90 days, 129 listings have been posted online, so you'll want to check back regularly for new listings. About 12% of the office spaces in the South Norwalk are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,970 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1986 and are Class B.

South Norwalk Community

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 area. Commute by walking is the most popular way to get to work amongst South Norwalk folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in South Norwalk.
Research