Norwich Retail

Norwich

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$47
Median Size (sqft)
3,330
As of: January 19, 2017

Norwich Rates

The typical asking rate per listing is in the $40's per square foot per year. The Norwich region is experiencing a an increase in rates. In the last 3 months, the median rate rose $27 per sqft per year. That's a 136% increase in rent.

Norwich Listing Supply

In the last 90 days, 20 listings have been posted online, which means new availabilities are probably leasing quickly. 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.

Even though the median size is 3,330 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this market were built in 1890 and are Class A.

Norwich Community

Market Report

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

Market Data

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