On average, listings lease in the $20's per square foot per year. The Downtown Bridgeport submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 5% rise in rent.
Compared to the rest of the Fairfield market, the Downtown Bridgeport region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 33 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the listings in the Downtown Bridgeport are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,910 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 4 floors. Most buildings in this region were built in 1985 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Waste services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Bridgeport folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.