Fairfield County Retail Market Overview

The Fairfield County Retail Market is comprised of approximately 49,530,000 square feet of inventory. The current 1st Quarter 2018 vacancy rate in Fairfield County is 3.7%, 30 basis points lower than the 1st Quarter 2017, and 122 basis points lower than the ten year average. The current availability rate, which includes space being marketed that is still under lease, is 6.5%, an increase of 10 basis points year over year. At $31.90 per square foot triple net, the average asking rent is 4.0% higher than the previous year and 14.0% higher than the ten year average.

Source(s): CoStar