Average Rent for Office Space in Greenwich, CT
Rents for offices in Greenwich range between $66.66 and $115 per square foot, with the market-wide average currently at $96.68 per square foot according to the latest listing data.
Learn More About Office Spaces for Rent in Greenwich, CT
The Greenwich, CT market currently features 86 distinct office spaces available for lease, totaling approximately 730,562 square feet.
Local inventory includes subtypes such as General Office with 69 listings, as well as other property types such as Medical Office and Street Retail.
Available office spaces range from 300 square feet to 150,000 square feet, with an average size of 8,577 square feet, accommodating businesses across various growth stages and operational requirements.
Range
Total Square Feet
Share of Total Office
25k to 50k Sq. Ft.
747,916
19.2%
50k to 100k Sq. Ft.
1,015,468
26.06%
100k to 500k Sq. Ft.
1,482,238
38.04%
500k to 1M Sq. Ft.
650,442
16.69%
Of the office inventory in Greenwich, 2 properties were constructed since 2000, typically offering up-to-date amenities.
An additional 17 buildings were developed between 1975 and 2000, while the remaining 29 date prior to 1975.
Greenwich, CT Office Market Breakdown
The office market in Greenwich, CT comprises 44 buildings totaling 3.9 million square feet.
Class A and A+ properties make up 23.46% of the office market in Greenwich, while Class B properties total 59.26% of the market and Class C properties take up the remaining 17.28%.
Range
Total Square Feet
Share of Total Office
Class A
1,783,768
45.78%
Class B
2,112,296
54.22%
The market offers substantial flexibility in space configuration, with spaces reaching up to 150,000 square feet and an average square footage of 8,577 across all spaces located here.
Best Neighborhoods for Office Space in Greenwich, CT
Greenwich’s neighborhood with the most office spaces is Downtown Greenwich, offering 44 listings currently available.
The neighborhoods with the next largest offerings include Lower North Street with 7 listings, as well as Indian Harbor, which offers a total of 5 listings.
Neighborhood
No. of Listings
Total Sq. Ft.
Downtown Greenwich
44
237,659
Lower North Street
7
20,442
Indian Harbor
5
14,845
North Bedford Road
4
318,556
Chickahominy
4
5,900
230 Mason St, Downtown Greenwich, Greenwich, CT