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Office Space Under Construction
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27 Bank St, New London, CT 06320

Office space currently under construction with visibility and foot traffic benefits near transit access.

Space SizeContact for details
Property Size2,800 SF
Days on Market304

Property Features for 27 Bank St

General Information

Standard status Active
Size 2,800 SF
Property subtype OFFICE
Lease Type SF/mo

Spaces For Lease

at 27 Bank St Contact us

27 Bank St $2,250/Mo

Contact us
Listing Agency: U.S. Properties
Listed By: Connie Howard
Source: Moodyscre
Added: Oct 9, 2025 Changed: Jul 27 Last Checked: Aug 7 at 9:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of U.S. Properties

Investment Insights

Based on property information with market context.

This office space is currently under construction and designed for a tenant buildout. The tenant is responsible for utilities and interior maintenance, while the property is being positioned to support a steady flow of foot traffic and visibility.

The space is located in close proximity to the Amtrak and ferry station, offering practical access for commuting visitors and customers.

At 27 Bank St, the space provides approximately 2,800 square feet of office area for an incoming tenant to complete interior improvements and establish their operations.

Key Highlights

  • Office space currently under construction
  • Benefits from visibility and foot traffic
  • In close proximity to Amtrak and the ferry station

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tech Support Center Veterinary Clinic Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,727
Businesses Nearby

Demographics for 06320, CT

27,398
Population
12,528
Households
2.2
Avg Household Size
34
Median Age
29%
College-Educated
88%
High-School Grad
5.6 sq mi
ZIP Area
4,893
Density / Sq Mi
$60,224
Median Household Income
$34,932
Median Earnings
$1,304
Median Rent
$234,800
Median Home Value

Market

Lease Benchmarks for New London, CT

$12.48 /SF/Yr
Avg Asking Price
$0.61–$22.67 /SF/Yr
Price Range
16,685 SF
Avg Space Size

This space is priced 23% below the average of $12.48 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office space currently under construction with visibility and foot traffic benefits near transit access.
Where is this office units located?
The property is located at 27 Bank St New London, CT.
What is the lease rate?
The lease rate is $2,250/Mo.
What are key features of this property?
This property features: Office space currently under construction; Benefits from visibility and foot traffic; In close proximity to Amtrak and the ferry station
(860) 437-0101 Call to check price and availability
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