The typical asking rate per listing is in the $20's per square foot per year. The Shelton submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 13% increase in rent.
Compared to the rest of the Fairfield market, the Shelton submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 17 listings have been posted online, which means new listings are probably going fast. 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 6,370 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this area were built in 1985 and are Class A.