New London, CT Retail Space for Lease

Search 10 retail listings in New London, CT and find helpful local stats in the Market Overview section below.

New London Mall

351 North Frontage Road, New London, CT
Property Type

Retail
For Lease Contact for pricing

12 spaces available / 591 - 4,046 SF
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Harris Place Downtown Office/Retail

153 State Street, New London, CT
Property Type

Office
For Lease

$17.04 - $26.16/SF/YR
11 spaces available / 533 - 1,648 SF
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118 State Street

118 State St, New London, CT
Property Type

Retail
For Lease

$3,500.00/MO
1 space available / 4,255 SF
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24 Bank Street

24 Bank Street, New London, CT
Property Type

Retail
For Lease

$15.00/SF/YR
1 space available / 1,500 SF
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4 State Street

4 State Street, New London, CT
Property Type

Retail
For Lease

$3,000.00/MO
1 space available / 950 SF
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281 State Street

281 State Street, New London, CT
Property Type

Retail
For Lease

$14.00/SF/YR
3 spaces available / 800 - 2,459 SF
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7 Governor Winthrop Blvd

7 Governor Winthrop Blvd, New London, CT
Property Type

Retail
For Lease

$3,795.00 - $4,717.00/MO
2 spaces available / 2,277 - 2,830 SF
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316 State St

316 State St, New London, CT
Property Type

Retail
For Lease

$2,000.00/MO
1 space available / 3,200 SF
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8 Bank Street

8 Bank Street New London, New London, CT
Property Type

Retail
For Lease

$3,000.00/MO
1 space available / 2,226 SF
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27 Bank Street

27 Bank Street, New London, CT
Property Type

Office
For Lease

$1,250.00 - $1,750.00/MO
2 spaces available / 2,400 - 2,800 SF
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Retail Space Rents in New London, CT

Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in New London asks $14.5 per square foot.

Retail Space Lease Types in New London, CT

The most common type of lease agreement you’ll find here is Modified Gross, with 3 space(s) available under this type of arrangement. The local market is also home to 1 retail space(s) offered under a NNN lease agreement type, and 1 Full Service listing(s).

Most Common Type of Lease for Retail Buildings in New London, CT

Modified Gross 3
NNN 1
Full Service 1

Average Size of Retail Space for Lease in New London, CT

The average size for this type of rental opportunity in New London is 1,000 sqft to 2,500 sqft. Currently, the local market offers 12 listing(s) within that size range. You can also search 7 listing(s) in the 2,500 sqft to 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.

Retail Space Types You Can Lease in New London, CT

Retail space in New London comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Restaurant and you can find 4 such space(s) available.  

Restaurant spaces listed for rent here have an average size of 2,658 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.

However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.

Key Factors to Consider When Choosing a Retail Space for Lease

When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.

Data based on retail spaces listed for rent on CommercialSearch.com

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New London, CT Retail Space for Lease

New London Mall

Harris Place Downtown Office/Retail

118 State Street

24 Bank Street

4 State Street

281 State Street

7 Governor Winthrop Blvd

316 State St

8 Bank Street

27 Bank Street