New London Retail

New London

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
200
As of: August 18, 2017

New London Rates

The typical asking rate per listing is in the $30's per square foot per year. The New London submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $9 per sqft per year. That's a 34% rise in rent.

New London Listing Supply

In the last 90 days, 9 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 44% of the office spaces in the New London are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 200 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1965 and are Class A.

New London Community

Market Report

Trends and status of the commercial real estate market in New London.
Market Report

Market Data

Real time and historical data on commercial real estate listings in New London.
Research