New Albany Retail

New Albany

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,450
As of: July 26, 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 a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 17% rise in rent.

New Albany Listing Supply

In the last 90 days, 5 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 340% of the listings 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 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 1,450 sqft. Most properties in this region 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