The typical asking rate per listing is in the $30's per square foot per year. The Downtown Stamford region is experiencing a decline in rates. In the last 3 months, the median rate fell $22 per sqft per year. That's a 41% decrease in rent.
Compared to the rest of the Fairfield market, the Downtown Stamford submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 62 listings have been made available, so you'll want to check back regularly for new listings. About 37% of the available space in the Downtown Stamford 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,900 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 5 stories. Most buildings in this area were built in 1979 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Health care is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Stamford occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.