On average, listings lease in the $10's per square foot per year. The Old Saybrook Center submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $15 per sqft per year.
In the last 90 days, 22 listings have been listed, which means spaces 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 1,200 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1973 and are Class A.
Real time and historical data on commercial real estate listings in Old Saybrook Center.
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