On average, listings lease in the $20's per square foot per year. The Trumbull submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 16% decrease in rent.
Compared to the rest of the Fairfield market, the Trumbull submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 124 listings have come on the market, so you'll want to check back regularly for new listings. About 19% of the available leases in the Trumbull 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,800 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this region were built in 1985 and are Class B.
Real time and historical data on commercial real estate listings in Trumbull.
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