On average, listings lease in the $10's per square foot per year. The West New Haven submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 25% increase in rent.
In the last 90 days, 3 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 133% of the listings in the West New Haven 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.
Even though the median size is 10,000 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1920 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst West New Haven folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.