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470 Bank St 2,298 - 10,932 SF of Office Space Available in New London, CT 06320
HIGHLIGHTS
- Lots of natural light
- On-Site parking available
- Very conveniently located
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 2nd Floor, Ste 200 | 2,298 SF | 9’ - 10’ | 5 Years | $22.33 CAD/SF/YR $1.86 CAD/SF/MO $51,325 CAD/YR $4,277 CAD/MO | Plus All Utilities | |
| 2nd Floor, Ste 202 | 3,825 SF | - | 5 Years | $34.90 CAD/SF/YR $2.91 CAD/SF/MO $133,485 CAD/YR $11,124 CAD/MO | Triple Net (NNN) | |
| 2nd Floor, Ste 203 | 4,809 SF | - | 5-10 Years | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $100,695 CAD/YR $8,391 CAD/MO | Plus All Utilities |
2nd Floor, Ste 200
Beautifully appointed office space with windows in every room in a prime location!
- Listed lease rate plus proportional share of utilities
- Fully Built-Out as Professional Services Office
- Mostly Open Floor Plan Layout
- Fits 6 - 19 People
- 3 Private Offices
- 1 Conference Room
- 6 Workstations
- Finished Ceilings: 9’ - 10’
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 10,932 SF of adjacent space
- Kitchen
- Elevator Access
- Fully Carpeted
- Corner Space
- Natural Light
- Wheelchair Accessible
- Office space in prime location!
2nd Floor, Ste 202
High visibility area with water views from every office. Very desirable area and highly walkable. Second floor spaces can be leased together for a total of 9,864 square feet (full floor). If spaces are leased separately 1,230 square feet will be reserved for common area space.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Fits 10 - 31 People
- 5 Private Offices
- 1 Conference Room
- Can be combined with additional space(s) for up to 10,932 SF of adjacent space
- Elevator Access
- Private Restrooms
- Natural Light
- Very desirable area and highly walkable.
2nd Floor, Ste 203
Almost every office has windows with a water view! Great space in a desirable and walkable area. Easy access to restaurants and entertainment. Second floor spaces can be leased together for a total of 9,864 square feet (full floor). If spaces are leased separately 1,230 square feet will be reserved for common area space.
- Listed lease rate plus proportional share of utilities
- Fully Built-Out as Professional Services Office
- Mostly Open Floor Plan Layout
- Fits 13 - 39 People
- 7 Private Offices
- 1 Conference Room
- Can be combined with additional space(s) for up to 10,932 SF of adjacent space
- Corner Space
- Natural Light
- Open-Plan
- Partitioned offices within space.
- Offices have water views.
- Can be leased with the other 2nd floor space.
- The space has an open plan.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 10,932 SF | Gross Leasable Area | 20,526 SF |
| Property Type | Retail | Year Built/Renovated | 1988/2020 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.44/1,000 SF |
| Total Space Available | 10,932 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 20,526 SF |
| Year Built/Renovated | 1988/2020 |
| Parking Ratio | 2.44/1,000 SF |
ABOUT THE PROPERTY
Highly desirable location on Bank Street by Crocker Marina. Single offices are available on the Second Floor. On-site parking available. Tenants include Jasmine Thai Restaurant, Citizen's Bank, New England Management Group and The Next Street Driving School.
- Pylon Sign
- Waterfront
NEARBY MAJOR RETAILERS
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470 Bank St
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