fairfield county Office Market Report

By CREhunt Research · Data through Q1 2026 · Aggregated from JLL

Quarterly office market indicators for fairfield county, aggregated by CREhunt from JLL. As of Q1 2026, average asking rent was $38.53/SF/yr and vacancy was 23.4%, per JLL.

Projected current office pricing — fairfield county

Projected asking rent
$38.53/SF/yr
Estimated sale value
$171–$293/SF

Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for fairfield county office yet, so this applies the typical cap rate across comparable office markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q1 2026 JLL asking-rent data (benchmark cap rate 6.5%–8.6%, asking rent held flat). Assumes ~77% occupancy and a 50–65% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.
Q1 2026
JLL
$38.53/SF/yr23.4%——

Frequently asked questions

What is the average asking rent for office space in fairfield county?
As of Q1 2026, the average asking rent for office space in fairfield county was $38.53/SF/yr, per JLL.
What is the office vacancy rate in fairfield county?
The office vacancy rate in fairfield county was 23.4% as of Q1 2026 (JLL).
Where does CREhunt's fairfield county market data come from?
This report aggregates quarterly office market data for fairfield county from JLL.