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Commercial Real Estate for Lease in New London, CT

New London is a port city at the mouth of the Thames River in New London County, on I-95 with Amtrak service and ferries to Long Island.

Conn-Comp market snapshot

Commercial sales in New London, last 12 months

36
sales recorded
$133
median price per SF
$83 - $173
middle half, per SF
7.02%
average mortgage rate
Median sale price $650,000. 57% of sales were financed, average loan 82% of price. Median price per SF up 17% from the prior 12 months. New London County: 177 sales, median $129 per SF, average mortgage rate 7.25%. October 2025 through September 2026. Source: Conn-Comp Sales Data, verified Connecticut sales and recorded mortgages. For verified sales data, use Sales Data Login

About New London

New London covers just 6 square miles but has about 27,600 residents and roughly 16,900 jobs. Commercial property is concentrated downtown around Union Station and the waterfront, and along the I-95 and Route 32 corridors. State Pier has been rebuilt as a hub for offshore wind.

Commercial and industrial property makes up 34% of the city's net grand list. Health care and manufacturing are the largest job sectors. The largest employers include General Dynamics Electric Boat, Yale New Haven Health's L+M Hospital, the U.S. Coast Guard Academy and Connecticut College. Amtrak and Shore Line East stop at Union Station, and ferries run to Orient Point, Block Island and Fishers Island.

Population27,625
Jobs in the city16,928
Active businesses1,958
Largest job sectorsHealth care, manufacturing, government, education
Largest employersElectric Boat, L+M Hospital, U.S. Coast Guard Academy, Connecticut College, Sheffield Pharmaceuticals
Commercial and industrial share of grand list34%
Land area6 square miles
People within a 45-minute drive481,438
HighwaysI-95, Route 1, Route 32
RailAmtrak, Shore Line East
CountyNew London County

Sources: AdvanceCT and CTData Collaborative, 2026 Town Profile

Questions and answers

How many commercial real estate listings are for lease in New London, CT?

As of October 26, 2026, Conn-Comp Listings has 2 current commercial real estate listings for lease in New London, CT. Listings are added by Connecticut brokers and updated daily.

What are asking rents for commercial real estate in New London, CT?

Asking rents from $14.35 / SF to $24.00 / SF. Based on current listings that show a rent.

Where can I find verified lease rents in New London County?

Conn-Comp Sales Data has verified Connecticut sales and leases. Subscribers sign in with Sales Data Login.