On average, listings lease in the $10's per square foot per year. The Downtown Milford - Harbor - Post Road South submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $19 per sqft per year.
In the last 90 days, 6 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the office spaces in the Downtown Milford - Harbor - Post Road South 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1986.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Milford - Harbor - Post Road South residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.