Norwich Retail

Norwich

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$66
Median Size (sqft)
12,000
As of: May 25, 2017

Norwich Rates

The typical asking rate per listing is in the $60's per square foot per year. The Norwich submarket is going through a a rise in rates. In the last 3 months, the median rate increased $19 per sqft per year. That's a 41% increase in rent.

Norwich Listing Supply

In the last 90 days, 11 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 12,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area 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