Compared to the rest of the Fairfield market, the Newtown submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 2 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 150% of the listings in the Newtown 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.
The standard measurement for office space in this area is around 1,900 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 1973 and are Class A.