New Albany Office Space

New Albany

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,000
As of: August 20, 2017

New Albany Rates

The typical asking rate per listing is in the $10's per square foot per year. The New Albany region is seeing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 17% increase in rent.

New Albany Listing Supply

In the last 90 days, 5 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 300% of the available leases 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 on the market, 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 market are close to 1 stories. Most buildings in this area were built in 0 and are Class Class B.

New Albany Community

Market Report

Trends and status of the commercial real estate market in New Albany.
Market Report

Market Data

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

New Albany Submarkets