Danbury Office Space

Danbury

Office Space Market Report

Number of Listings (last 90 days)
40
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
3,530
As of: August 16, 2017

Danbury Rates

The typical asking rate per listing is in the $20's per square foot per year. The Danbury region is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.

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

Danbury Listing Supply

In the last 90 days, 40 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 75% of the office spaces in the Danbury are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,530 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this area were built in 1980 and are Class A.

Danbury Community

Market Report

Trends and status of the commercial real estate market in Danbury.
Market Report

Market Data

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