On average, listings lease in the $50's per square foot per year. The Pemberwick submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $58 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Fairfield market, the Pemberwick region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 2 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 6,640 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1983 and are Class A.