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    351 Frontage Rd New London, CT 06320

    For Lease
    Contact for pricing

    Prime New London office suites, various sizes.

    Lot size:
    259,566 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    The New London Mall, a 259,566 square foot retail and office complex in New London, Connecticut, offers exceptional office space opportunities. Located at 351 N Frontage Rd, 06320, this property boasts a convenient location, running perpendicular to I-95, ensuring maximum visibility and easy access. Built in 2000 and renovated in 2005, the mall features eight total suites, with 12,660 square feet currently vacant. Units range from a minimum of 591 square feet to a maximum contiguous space of 3,051 square feet, providing flexibility for various business needs. The property sits on a 23.58-acre lot and includes ample parking with 1,204 spaces. Its strategic location offers access to a wide range of communities, including Waterford, Groton, East Lyme, and even Westerly, RI. Furthermore, its proximity to Connecticut College (one mile) and the US Coast Guard Academy (less than two miles) presents a unique advantage. The mall is anchored by a strong ShopRite, complemented by co-tenants such as Marshalls, HomeGoods, and PetSmart, creating a vibrant and successful retail environment. This presents a compelling opportunity for businesses seeking a well-established location with high visibility and convenient access.

    Property Features for 351 Frontage Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    259,566 SF

    Building Details

    Year Built/Renovated
    2000/2005

    Unit(s) available at that property

    Space
    Suite 13
    Size
    1,617 SF
    Space
    Suite 7
    Size
    591 SF
    Space
    Suite 15
    Size
    1,071 SF
    Space
    Suite 23
    Size
    1,508 SF
    Space
    Suite 25A
    Size
    2,322 SF
    Space
    Suite 20
    Size
    2,500 SF
    Space
    Suite 4A
    Size
    3,051 SF

    HighLights

    • Retail property totaling 259,566 square feet.
    • Largest contiguous space: 64,017 square feet.
    • Smallest divisible space: 591 square feet.
    • 23.58 acres of land.
    • 1,204 parking spaces.
    • Built in 2000, renovated in 2005.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service Therpay Psychotherapist Eliassen Group Consultant TagWorks Pet Supply Store ATM Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New London
    County
    New London
    State
    Connecticut
    Longitude
    -72.1200217
    Latitude
    41.3723545

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    FAQs

    What type of property is this?
    Office Property / Space - Prime New London office suites, various sizes.
    Where is this office property / space located?
    The property is located at 351 Frontage Rd New London, CT.
    What are key features of this property?
    This property features: Retail property totaling 259,566 square feet.; Largest contiguous space: 64,017 square feet.; Smallest divisible space: 591 square feet.
    Request Owner's contact information
    351 Frontage Rd New London, CT 06320
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    New London, CT 06320
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    351 Frontage Rd New London, CT 06320
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