The typical asking rate per listing is in the $50's per square foot per year. The Compo-Owenoke Historic District submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $54 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Fairfield market, the Compo-Owenoke Historic District region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 3 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 4,820 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 1982 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Compo-Owenoke Historic District occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.