Most listings are in the $40's per square foot per year. The Cos Cob region is going through a decrease in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 22% decrease in rent.
Compared to the rest of the Fairfield market, the Cos Cob region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the Cos Cob are subleases, so you might be able to find a shorter term or below market rent. 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 1,000 sqft. Most buildings in this market were built in 1967 and are Class A.