Norwalk Industrial


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 26, 2016

Norwalk Rates

The typical asking rate per listing is in the $30's per square foot per year. The Norwalk submarket is going through a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 12% decrease in rent.

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

Norwalk Listing Supply

In the last 90 days, 51 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Norwalk are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this market were built in 1983 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.