Norwich, CT Conventional Restaurants for Lease
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Norwich, CT Conventional restaurants Lease Rates & Market Statistics
Browse 5 Conventional restaurants for lease in Norwich, CT on Realmo, a commercial real estate marketplace serving the Norwich area. The current inventory totals 11,162 square feet of properties.
Asking lease rates for Conventional restaurants in Norwich start at $11.05 SF/Yr, average $17.59 SF/Yr, and reach $24.14 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $17.59 SF/Yr is 12% below the Connecticut state average of $20.02 SF/Yr.
Norwich accounts for 83% of the 6 conventional restaurants currently available across New London County, where nearby markets include Griswold and Lebanon. Conventional restaurants make up 56% of the 9 Restaurants currently for lease in Norwich, with asking rates averaging $17.59 SF/Yr — 14% above the citywide Restaurants average of $15.49 SF/Yr. Tenants comparing options may also consider Other restaurants (3 listings) elsewhere in the Norwich market.
