The typical asking rate per listing is in the $50's per square foot per year. The Westport region is experiencing a a boost in rates. In the last 3 months, the median rate increased $11 per sqft per year. That's a 25% increase in rent.
Compared to the rest of the Fairfield market, the Westport region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 32 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the Westport 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 2,670 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this market were built in 1978 and are Class A.