On average, listings lease in the $50's per square foot per year. The Compo-Owenoke Historic District submarket is going through a an increase in rates. In the last 3 months, the median rate rose $59 per sqft per year.
Compared to the rest of the Fairfield market, the Compo-Owenoke Historic District region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 0 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the office spaces in the Compo-Owenoke Historic District 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 available, so finding a space for a small business might be tough.
Even though the median size is 8,060 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this region were built in 1982 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Compo-Owenoke Historic District folk. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.