South Norwalk Industrial

South Norwalk

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
2,500
As of: December 9, 2016

South Norwalk Rates

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

South Norwalk Listing Supply

In the last 90 days, 14 listings have been listed, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 7% of the available leases in the South Norwalk are subleases, so you will probably have to focus your search on direct office leases. 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 2,770 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 3 stories. Most buildings in this region were built in 1987 and are Class B.

South Norwalk Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst South Norwalk occupants. Commuting between 30 and 45 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 South Norwalk.
Market Report

Market Data

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