The typical asking rate per listing is in the $40's per square foot per year. The Greenwich region is experiencing a decline in rates. In the last 3 months, the median rate decreased $44 per sqft per year. That's a 49% decrease in rent.
Compared to the rest of the Fairfield market, the Greenwich submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 36 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 31% of the available space in the Greenwich are subleases, so you might be able to find a shorter term or below market rent. 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 3,100 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 3 floors. Most buildings in this region were built in 1973 and are Class A.