On average, listings lease in the $10's per square foot per year. The Wallingford Center region is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 8% decline in rent.
In the last 90 days, 11 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 109% of the listings in the Wallingford Center are subleases, so you might be able to snag a great spot on a short term. 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 2,770 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this region were built in 1970 and are Class B.