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Office/Retail Space Overlooking Shaw's Cove

70 Howard St, New London, CT 06320

For Lease
$599/Mo

Office and retail spaces available in pristine New London park.

Space SizeContact for details
Property Size262 SF
Lot Size1.73 Acres
Days on Market244

Property Features for 70 Howard St

General Information

Standard status Active
Size 262 SF
Lot size 1.73 Acres
Property subtype Commercial

Building Details

Building Size 262 SF
Year Built 1988
Stories 2
Listing Agency: Signature Properties of N.E.
Listed By: Norman B. Peck · License #RES.0528743
Source: Elliman
Added: Mar 10 Changed: Aug 17 Last Checked: Aug 15 at 7:08AM

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 Signature Properties of N.E.

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Investment Insights

Based on property information with market context.

Office and retail spaces are available for rent in a well-maintained office park overlooking Shaw's Cove. Located on the first and second floors, these spaces offer various sizes and configurations. Available units include: 70 Howard St. #D2, a 299-square-foot space on the second floor; 70 Howard St. #D4, a 262-square-foot space also on the second floor; 78 Howard St. #2, a 343-square-foot space on the first floor; 88 Howard St., a 1,415-square-foot space on the second floor; 88 Howard St. #C, a 450-square-foot space on the second floor; and 88 Howard St., a 1,900-square-foot space on the second floor. Rental terms vary, with some units offered on a gross lease basis and others requiring tenants to pay for utilities and janitorial services in addition to the base rent. Ample parking is available. The location benefits from a traffic count of 13,100, and is situated across the street from Shaw's Cove Park. Floor plans are available in the attached brochure.

Key Highlights

  • Office/Retail space available in a pristine office park overlooking Shaw's Cove.
  • Ample parking available.
  • High traffic count of 13,100.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Law Offices of Gregg ... Law Firm Thomas Keramidas Office Law Firm Temporaries of New England ... Employment Agency Connecticut Bankruptcy Lawyer Law Firm Batsevitsky Bella A DDS Dental Office

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Storage Facility

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,747
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for New London, CT

$13.59 /SF/Yr
Avg Asking Price
$3.78–$27.44 /SF/Yr
Price Range
16,922 SF
Avg Space Size

This space is priced 72% below the average of $13.59 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in New London, CT

$14.98 Jul
$13.32 Aug
$14.5 Sep
$13.39 Oct

Properties on Market for Office Units in New London

Jul
Aug
Sep
Oct

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 unit - Office and retail spaces available in pristine New London park.
Where is this office unit located?
The property is located at 70 Howard St New London, CT.
What is the lease rate?
The lease rate is $599/Mo.
What are key features of this property?
This property features: Office/Retail space available in a pristine office park overlooking Shaw's Cove.; Ample parking available.; High traffic count of 13,100.
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