2024 Office Space Rent & Sales
- $19.49 2024 Avg. Asking Rent
- 19.63% 2024 Office Vacancy Rate
Shelton office price per square foot in 2024 was $19.49 on average. The local office market recorded an average vacancy rate of 19.63% 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
Shelton, CT Office Asking Rents by Class
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| Office building | Address | SF | Completed |
|---|---|---|---|
| Enterprise Corporate Park - 6 Research Drive | 6 Research Drive, 06484 | 158,266 | 2008 |
| 350 Bridgeport Ave | 350 Bridgeport Ave, 06484 | 19,900 | 2006 |
| Enterprise Corporate Park - 6 Corporate Drive | 6 Corporate Drive, 06484 | 196,700 | 2000 |
| 887 Bridgeport Ave | 887 Bridgeport Ave, 06484 | 6,003 | 2000 |
| Enterprise Corporate Park - 4 & 3 Corporate Drive | 4 Corporate Drive, 06484 | 214,817 | 1999 |
| Reservoir Corporate Centre | 4 Research Drive, 06484 | 157,000 | 1999 |
| Reservoir Corporate Centre | 4 Research Drive, 06484 | 156,498 | 1999 |
| Enterprise Corporate Park - 3 Enterprise Drive | 3 Enterprise Drive, 06484 | 123,000 | 1997 |
| 27 Waterview Drive | 27 Waterview Drive, 06484 | 310,000 | 1993 |
| Enterprise Corporate Park - 2 Corporate Drive | 2 Corporate Drive, 06484 | 271,410 | 1990 |
Worth noting among recent office completions on the Shelton market is Enterprise Corporate Park - 6 Research Drive, which is currently the largest new office development in the city, at 158,266 square feet.
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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 Shelton 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.