Norwalk Office Space

Norwalk

Office Space Market Report

Number of Listings (last 90 days)
518
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
5,030
As of: August 17, 2017

Norwalk Rates

Most listings are in the $40's per square foot per year. The Norwalk submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 10% rise in rent.

Compared to the rest of the Fairfield market, the Norwalk region has higher rates, and you'll need to pay a premium to be in this hot region.

Norwalk Listing Supply

In the last 90 days, 73 listings have been posted online, so you'll want to check back regularly for new listings. About 138% of the available space in the Norwalk are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 5,030 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built in 1982 and are Class B.

Norwalk Community

Market Report

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

Market Data

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