On average, listings lease in the $20's per square foot per year. The Central Norwalk submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $26 per sqft per year.
Compared to the rest of the Fairfield market, the Central Norwalk submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 2 listings have been posted online, which means new listings 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,790 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this region were built in 1978 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Central Norwalk occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.