Central Norwalk Sublease

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Central Norwalk

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,310
As of: May 20, 2017

Central Norwalk Rates

Most listings are in the $20's per square foot per year. The Central Norwalk submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decrease in rent.

Compared to the rest of the Fairfield market, the Central Norwalk submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Central Norwalk Listing Supply

In the last 90 days, 2 listings have been made available, which means leases most likley are 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 3,310 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 1978 and are Class B.

Central Norwalk Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Central Norwalk residents. Commuting close to 30 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 Central Norwalk.
Market Report

Market Data

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