On average, listings lease in the $10's per square foot per year. The New Albany submarket is going through a a boost in rates. In the last 3 months, the median rate went up $16 per sqft per year.
In the last 90 days, 5 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 180% 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 1,750 sqft. Most properties in this region are approximately 1 stories. Most buildings in this region were built in 0 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Most of the occupants of New Albany work from home. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.