New London Retail

New London

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
3,830
As of: June 28, 2017

New London Rates

Most listings are in the $20's per square foot per year. The New London region is seeing a a rise in rates. In the last 3 months, the median rate went up $25 per sqft per year.

New London Listing Supply

In the last 90 days, 9 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 122% of the available leases 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,830 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this area were built in 1970 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