The typical asking rate per listing is in the $20's per square foot per year. The Downtown Stamford Historic District submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease in rent.
Compared to the rest of the Fairfield market, the Downtown Stamford Historic District submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 19 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 5% of the available space in the Downtown Stamford Historic District are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,500 sqft. Most properties in this area are close to 6 floors. Most buildings in this region were built in 1967 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Stamford Historic District folk. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.