The Cove Retail

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The Cove

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
12,230
As of: June 23, 2017

The Cove Rates

The typical asking rate per listing is in the $30's per square foot per year. The The Cove region is seeing a a boost in rates. In the last 3 months, the median rate rose $37 per sqft per year.

Compared to the rest of the Fairfield market, the The Cove submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

The Cove Listing Supply

In the last 90 days, 4 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 75% of the available space in the The Cove 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 7,100 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 7 floors. Most buildings in this market were built in 1984 and are Class A.

The Cove Community

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 area. Most of the residents of The Cove work from home. Commuting approximately an hour 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 The Cove.
Market Report

Market Data

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