South Norwalk Retail

South Norwalk

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
6,000
As of: July 26, 2017

South Norwalk Rates

Compared to the rest of the Fairfield market, the South Norwalk region has higher rates, and you'll need to pay a premium to be in this hot region.

South Norwalk Listing Supply

In the last 90 days, 9 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 156% of the available leases in the South Norwalk 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 6,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this area were built in 1986 and are Class B.

South Norwalk Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst South Norwalk residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in South Norwalk.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Norwalk.
Research