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Updated Medical Office Suite
For Lease
$1,850/Mo

425 Montauk Ave, New London, CT 06320

Fully updated office space with off-street parking, well-suited for healthcare or professional services near LM Hospital.

Space SizeContact for details
Days on Market94

Property Features for 425 Montauk Ave

General Information

Standard status Active

Building Details

Year Built 1970
Listing Agency: CENTURY 21 Shutters & Sails
Listed By: Richard Bates · License #RES.0824572
Source: Livianhomesct
Added: Jun 12 Changed: Sep 10 Last Checked: Sep 13 at 4:12PM

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 CENTURY 21 Shutters & Sails

Investment Insights

Based on property information with market context.

This completely updated office space is offered for rent and is configured as a dedicated medical/professional office suite. The property is ready for immediate occupancy and designed to support everyday operations for an established business or a new practice.

The suite is located on Montauk Avenue in New London, CT, about a block from LM Hospital. The setting provides high levels of street exposure with thousands of cars passing every day, supported by convenient off-street parking for patients, clients, and staff.

With its updated interior and practical parking access, the space should work well for medical office users and other service-oriented tenants looking for an office environment in close proximity to a major healthcare provider. If you’re evaluating space for an office-based practice, this suite offers a straightforward path to occupancy given its current condition and ready-for-business status.

Key Highlights

  • Completely updated office space
  • Year built: 1970
  • Off‑street parking

Property Analytics

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Open Analytics

Current Use

Davis Sandra Employment Agency Thames Gynecologic Group Physician Redstar Plumbing & Heating Plumbing Service FNP Medical Services, ... Physician

Suggested Use

Top Pick Parking Lot & Garage Nail Salon Hair Salon Electrical Service Spa & Massage Center (Bike/Boat/Book/etc) Store

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
$2.08 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

762
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New London, CT

$14.63 /SF/Yr
Avg Asking Price
$11–$19.75 /SF/Yr
Price Range
2,114 SF
Avg Space Size

This space is priced 5% below the average of $14.63 /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?
Medical Office Space - Fully updated office space with off-street parking, well-suited for healthcare or professional services near LM Hospital.
Where is this medical office space located?
The property is located at 425 Montauk Ave New London, CT.
What is the lease rate?
The lease rate is $1,850/Mo.
What are key features of this property?
This property features: Completely updated office space; Year built: 1970; Off‑street parking
More about this property
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