The typical asking rate per listing is in the $20's per square foot per year. The Downtown Milford - Harbor - Post Road South submarket is seeing a decline in rates. In the last 3 months, the median rate fell $16 per sqft per year. That's a 40% decrease in rent.
In the last 90 days, 3 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 1,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this region were built in 1973.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Milford - Harbor - Post Road South residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.