New Albany Office Space

New Albany

Market Report

Number of Listings
Posted in the last 90 days
25
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,000

New Albany Rates

On average, listings lease in the $10's per square foot per year. The New Albany region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 7% decrease in rent.

New Albany Listing Supply

In the last 90 days, 101 listings have come on the market, so you'll want to check back regularly for new listings. About 23% of the office spaces in the New Albany are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,000 sqft. Most properties in this market are approximately 1 floors. Most buildings in this region were built in 1832 and are Class Class B.

New Albany Community

Market Data

Real time and historical data on commercial real estate listings in New Albany.
Research