The typical asking rate per listing is in the $20's per square foot per year. The New London region is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 7% rise in rent.
In the last 90 days, 9 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,170 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 1970 and are Class A.