Norwalk Industrial

Norwalk

Office Space Market Report

Number of Listings (last 90 days)
73
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
5,030
As of: August 16, 2017

Norwalk Rates

On average, listings lease in the $40's per square foot per year. The Norwalk submarket is going through a a boost in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 10% increase in rent.

Compared to the rest of the Fairfield market, the Norwalk submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Norwalk Listing Supply

In the last 90 days, 73 listings have come on the market, so you'll want to check back regularly for new listings. About 132% of the listings in the Norwalk are subleases, so you might be able to snag a great spot on a short term. 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 5,030 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this region were built in 1982 and are Class B.

Norwalk Community

Market Report

Trends and status of the commercial real estate market in Norwalk.
Market Report

Market Data

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