The typical asking rate per listing is in the $20's per square foot per year. The East Norwalk region is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decline in rent.
Compared to the rest of the Fairfield market, the East Norwalk submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 24 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,100 sqft. Most properties in this market are around 3 stories. Most buildings in this region were built in 1964 and are Class B.
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 market. Commute by public transit is the most popular way to get to work amongst East Norwalk occupants. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.