On average, listings lease in the $30's per square foot per year. The Ridgefield submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the Fairfield market, the Ridgefield submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 3 listings have been posted online, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,180 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this region were built in 1986 and are Class A.