East Norwalk Industrial

East Norwalk

Office Space Market Report

Number of Listings (last 90 days)
24
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,610
As of: June 24, 2017

East Norwalk Rates

On average, listings lease in the $20's per square foot per year. The East Norwalk region is seeing a an increase in rates. In the last 3 months, the median rate rose $26 per sqft per year.

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

East Norwalk Listing Supply

In the last 90 days, 24 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 67% of the listings in the East 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,610 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area 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 region. Commute by public transit is the most popular way to get to work amongst East Norwalk folk. Commuting close to 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