Average Rent for Office Space in Norwalk, CT
Rents for offices in Norwalk range between $22.5 and $55 per square foot, with the market-wide average currently at $27.35 per square foot according to the latest listing data.
Learn More About Office Spaces for Rent in Norwalk, CT
The Norwalk, CT market currently features 109 distinct office spaces available for lease, totaling approximately 1.5 million square feet.
Local inventory includes subtypes such as General Office with 61 listings, as well as other property types such as Medical Office and R&D - Office.
Available office spaces range from 108 square feet to 277,584 square feet, with an average size of 14,872 square feet, accommodating businesses across various growth stages and operational requirements.
Range
Total Square Feet
Share of Total Office
25k to 50k Sq. Ft.
485,893
8.7%
50k to 100k Sq. Ft.
294,803
5.28%
100k to 500k Sq. Ft.
4,190,771
75.06%
500k to 1M Sq. Ft.
612,000
10.96%
Of the office inventory in Norwalk, 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 19 date prior to 1975.
Norwalk, CT Office Market Breakdown
The office market in Norwalk, CT comprises 42 buildings totaling 5.6 million square feet.
Class A and A+ properties make up 31.17% of the office market in Norwalk, while Class B properties total 55.84% of the market and Class C properties take up the remaining 12.99%.
Range
Total Square Feet
Share of Total Office
Class A
3,025,803
54.19%
Class B
2,486,277
44.53%
Class C
71,387
1.28%
The market offers substantial flexibility in space configuration, with spaces reaching up to 277,584 square feet and an average square footage of 14,872 across all spaces located here.
Best Neighborhoods for Office Space in Norwalk, CT
Norwalk’s neighborhood with the most office spaces is North Norwalk, offering 63 listings currently available.
The neighborhoods with the next largest offerings include South Norwalk with 21 listings, as well as East Norwalk, which offers a total of 16 listings.
Neighborhood
No. of Listings
Total Sq. Ft.
North Norwalk
63
773,632
South Norwalk
21
58,975
East Norwalk
16
78,913
Silvermine
7
616,985
Rowayton
1
11,500
710 West Avenue, North Norwalk, Norwalk, CT