On average, listings lease in the $20's per square foot per year. The Shelton submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 16% increase in rent.
Compared to the rest of the Fairfield market, the Shelton submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 18 listings have come on the market, which means listings might be 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.
Even though the median size is 5,090 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 3 floors. Most buildings in this region were built in 1985 and are Class A.