Central Norwalk Office Space

Central Norwalk

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,790
As of: February 19, 2017

Central Norwalk Rates

On average, listings lease in the $20's per square foot per year. The Central Norwalk region is experiencing a an increase in rates. In the last 3 months, the median rate increased $26 per sqft per year.

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

Central Norwalk Listing Supply

In the last 90 days, 2 listings have come on the market, which means listings might be going fast. You'll want to be prepared to make an offer immediately. 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 2,790 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this area were built in 1978 and are Class B.

Central Norwalk Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Central Norwalk residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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