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