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Furnished Office Unit with Waterfront Deck
For Lease
$4,200/Mo NNN

40 Bank St, New London, CT 06320

Fully built-out workspace includes conference rooms, workstations, technology infrastructure, and access to a harbor-facing deck.

Space SizeContact for details
Days on Market75

Property Features for 40 Bank St

General Information

Standard status Active
Lease Type NNN

Space & Availability

Space Use Office
Condition Turnkey
Furnished Yes

Lease Terms

Lease Rate $4,200 /USD/MO
Total Rate $4,653
Monthly Rent $4,200
Flexible Term Yes

Additional Details

Public Transit Yes

Amenities

expansive water-facing deck

Building Details

Year Built 1789
Listing Agency: Seaport Real Estate Services
Listed By: Kim Casey
Source: Themialeteam
Added: Aug 6 Changed: Oct 5 Last Checked: Oct 5 at 10:22PM

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 Seaport Real Estate Services

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Investment Insights

Based on property information with market context.

This 2,236-square-foot office unit is fully built out for professional use, with premium furnishings, glass-enclosed conference rooms, ergonomic workstations, integrated technology infrastructure, and upgraded interior finishes. A water-facing deck adds outdoor space with panoramic harbor views for breaks, informal meetings, client gatherings, or company events.

The suite is at 40 Bank St in Downtown New London’s Central Business District, within reach of restaurants, waterfront amenities, and regional rail transportation. The building dates to 1789. The lease structure is NNN, and flexible lease terms will be considered.

Key Highlights

  • 2,236 SF fully built‑out office unit
  • Premium furnishings, ergonomic workstations, and integrated technology infrastructure
  • Glass conference rooms and upscale interior finishes

Property Analytics

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Current Use

Muddy Waters Cafe Restaurant

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

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
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Market

Lease Benchmarks for New London, CT

$14.23 /SF/Yr
Avg Asking Price
$3.78–$27.44 /SF/Yr
Price Range
16,149 SF
Avg Space Size

This space is priced 75% above the average of $14.23 /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

Frequently Asked Questions

What type of property is this?
Office units - Fully built-out workspace includes conference rooms, workstations, technology infrastructure, and access to a harbor-facing deck.
Where is this office units located?
The property is located at 40 Bank St New London, CT.
What is the lease rate?
The lease rate is $4,653/Mo.
What are key features of this property?
This property features: 2,236 SF fully built‑out office unit; Premium furnishings, ergonomic workstations, and integrated technology infrastructure; Glass conference rooms and upscale interior finishes
More about this property
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