Compared to the rest of the Fairfield market, the Cove - East Side - Shippan region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 7 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 129% of the available space in the Cove - East Side - Shippan are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 12,230 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 5 floors. Most buildings in this area were built in 1981 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by taxi is the most popular way to get to work amongst Cove - East Side - Shippan residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.