New Albany Commercial Real Estate

400 Pearl St - 2 Spaces Downtown New Albany, New Albany, IN This listing is a gross lease lease.
Sep 20
1,950 - 2,180
sqft
Mixed Use Retail
209 Quality Ave - Unit 8/9 New Albany, IN motivated landlord
Jul 20
6,000
sqft
Industrial
2702 Paoli Pike - 2 Spaces New Albany, IN this building has been formerly used as a salon
Apr 15
2,460 - 2,860
sqft
Office Retail Mixed Use
New Albany's Sub Markets

New Albany

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
1,000

New Albany Rates

The typical asking rate per listing is in the $10's per square foot per year. The New Albany submarket is going through a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 21% decline in rent.

New Albany Listing Supply

In the last 90 days, 101 listings have been posted online, so you'll want to check back regularly for new listings. About 24% of the available space in the New Albany are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, 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 buildings in this area are close to 1 stories. Most buildings in this market were built in 0 and are Class Class B.

New Albany Community

Market Data

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