On average, listings lease in the $20's per square foot per year. The Waterbury region is seeing a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 27% decline in rent.
In the last 90 days, 24 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,670 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 1974 and are Class A.