Saugatuck Retail

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Saugatuck

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
8,040
As of: December 2, 2016

Saugatuck Rates

On average, listings lease in the $40's per square foot per year. The Saugatuck submarket is going through a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 13% decrease in rent.

Compared to the rest of the Fairfield market, the Saugatuck region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Saugatuck Listing Supply

In the last 90 days, 1 listings have come on the market, which means spaces are probably 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.

Even though the median size is 8,040 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built in 1900 and are Class B.

Saugatuck 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. Most of the folk of Saugatuck work from home. 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 Saugatuck.
Market Report

Market Data

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