On average, listings lease in the $20's per square foot per year. The Downtown Bridgeport region is seeing a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 20% decrease in rent.
Compared to the rest of the Fairfield market, the Downtown Bridgeport region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 8 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,800 sqft. Most buildings in this market are around 5 floors. Most buildings in this market were built in 1966 and are Class C.
A large portion of this market is residential, but there's plenty of office_space. Waste services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Bridgeport residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.