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Retail Space Near Walmart
For Lease
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1929 McDonald Lane, New Albany, IN 47150

Retail space available in shadow-anchored center near I-265.

Space Size1,600 SF
Lot Size0.89 Acres
Days on Market176

Property Features for 1929 McDonald Lane

General Information

Standard status Active
Size 1,600 SF
Lot size 0.89 Acres
Property subtype Shopping Center or Multi-Tenant Building

Spaces For Lease

at 1929 McDonald Lane Contact us

3

Size
1,600 SF
Type
Street Retail
Term
Negotiable
Rate
Contact for pricing
Contact us

6

Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency:
Listed By: Kevin Mayhugh
Source: Tscg
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 29 at 8:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kevin Mayhugh

Investment Insights

Based on property information with market context.

A 1,600 square-foot retail space is available in a retail center on Grant Line Road in New Albany. The center is shadow-anchored by Walmart and is accessible from I-265. The location benefits from high traffic, with an average of 20,066 travelers commuting daily on Grant Line Road. The property is located in Grant Line Crossing, a retail location with accessibility from I-265, Southern Indiana's connector road bridging I-64 & I-65.

Key Highlights

  • Shadow‑anchored by Walmart Supercenter, providing significant customer traffic
  • Easily accessible from I‑265, a major connector road
  • High traffic count of 20,066 ADT on Grant Line Road

Property Analytics

Current Use

Cato Fashions Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Big Box & Wholesale Store Auto Repair Shop

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

420
Businesses Nearby

Demographics for 47150, IN

49,395
Population
22,834
Households
2.2
Avg Household Size
39
Median Age
26%
College-Educated
91%
High-School Grad
45.0 sq mi
ZIP Area
1,098
Density / Sq Mi
$62,212
Median Household Income
$40,837
Median Earnings
$984
Median Rent
$191,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in shadow-anchored center near I-265.
Where is this retail space located?
The property is located at 1929 McDonald Lane New Albany, IN.
What are key features of this property?
This property features: Shadow‑anchored by Walmart Supercenter, providing significant customer traffic; Easily accessible from I‑265, a major connector road; High traffic count of 20,066 ADT on Grant Line Road
More about this property
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