Listing Agency: CBRE | Columbus m***@cbre.com Show Phone

Listed By: Molly Leach · License #2009001866 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 21 Last Checked: Aug 21 at 6:59AM

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Investment Insights

Based on property information with market context.

This commercial real estate offers office units and spaces for rent. The property features 2,600 total rentable square feet (RSF) available. Specifically, 1,881 RSF are currently available, with an additional 884 RSF potentially becoming available on August 1, 2027. The lease rate is $17.50 per square foot on a triple net (NNN) basis. The property benefits from excellent signage opportunities on Main Street. A tenant improvement allowance is available for qualified tenants. The building and grounds are well-maintained. Located in downtown New Albany, the property includes a large parking lot.

Key Highlights

• Located in downtown New Albany with large parking lot.
• Excellent signage on Main Street.
• 2,600 total RSF available.

Property Analytics

Property Profile

Current Use

Main Street Dental Dental Office Milks Deborah Physician Fahey Dee Employment Agency Meenakshi Rana, MD Physician Premier Allergy and Asthma Physician

Suggested Use

Top Pick Auto Repair Shop Building Supply Hair Salon Parking Lot & Garage Storage Facility Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

575

Businesses Nearby

Explore this area Business Placement

Demographics for 43054, OH

27,781

Population

11,577

Households

2.4

Avg Household Size

36

Median Age

65%

College-Educated

97%

High-School Grad

25.7 sq mi

ZIP Area

1,081

Density / Sq Mi

$139,679

Median Household Income

$75,539

Median Earnings

$1,808

Median Rent

$483,100

Median Home Value

Market

Lease Benchmarks for New Albany, OH

$25.38 /SF/Yr

Avg Asking Price

$18.46–$37.5 /SF/Yr

Price Range

3,488 SF

Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Office space for rent in downtown New Albany.

Where is this office units located?

The property is located at 153 West Main Street New Albany, OH.

What are key features of this property?

This property features: Located in downtown New Albany with large parking lot.; Excellent signage on Main Street.; 2,600 total RSF available.