Most listings are in the $30's per square foot per year. The Southport submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 17% decrease in rent.
Compared to the rest of the Fairfield market, the Southport submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 4 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the available space in the Southport are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,650 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this market were built in 1986 and are Class B.