2024 Office Space Rent & Sales
- $20.70 2024 Avg. Asking Rent
- 9.71% 2024 Office Vacancy Rate
Danbury office price per square foot in 2024 was $20.70 on average. The local office market recorded an average vacancy rate of 9.71% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Connecticut Class A & A+ Office Space$31.22
- Connecticut Class B Office Space$20.66
Danbury, CT Office Asking Rents by Class
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| Office building | Address | SF | Completed |
|---|---|---|---|
| 109 Newtown Rd | 109 Newtown Rd, 06810 | 10,000 | 2003 |
| Doctor's Office Park | 109 Newtown Road, 06810 | 10,000 | 2003 |
| 93 Lake Avenue | 93 Lake Avenue, 06810 | 40,742 | 2002 |
| 83 Newtown Road | 83 Newtown Road, 06810 | 7,920 | 2002 |
| 18 Great Plain Rd | 18 Great Plain Rd, 06810 | 11,922 | 1989 |
| Lee Farm Corporate Park | 83 Wooster Heights Road, 06811 | 214,755 | 1988 |
| Ridgebury Corporate Center | 44 Old Ridgebury Road, 06810 | 130,000 | 1988 |
| 27 Hospital Ave Ste 201 | 27 Hospital Ave Ste 201, 06810 | 1,136 | 1988 |
| 72 - 74 North Street | 72 - 74 North Street, 06810 | 18,000 | 1987 |
| 36 Mill Plain Road | 36 Mill Plain Road, 06811 | 40,000 | 1984 |
Worth noting among recent office completions on the Danbury market is 109 Newtown Rd, which is currently the largest new office development in the city, at 10,000 square feet.
See reports for other markets
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by Yardi Research Data, a market intelligence solution which offers comprehensive real market knowledge on all Danbury commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.