East Norwalk Industrial

East Norwalk

Office Space Market Report

Number of Listings (last 90 days)
23
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,330
As of: February 19, 2017

East Norwalk Rates

On average, listings lease in the $20's per square foot per year. The East Norwalk region is going through a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decline in rent.

Compared to the rest of the Fairfield market, the East Norwalk submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

East Norwalk Listing Supply

In the last 90 days, 23 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,330 sqft. Most buildings in this market are close to 3 floors. Most buildings in this market were built in 1964 and are Class B.

East Norwalk Community

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 public transit is the most popular way to get to work amongst East Norwalk occupants. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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