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Retail Space in Prime Location
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1929 McDonald Lane, New Albany, IN 47150

4,325 SF retail space available in well-positioned retail center.

Space Size1,600 SF - 38,768 SF
Days on Market2922

Property Features for 1929 McDonald Lane

General Information

Standard status Active
Size 1,600 SF - 38,768 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 11,569 SF
Tenancy Multiple

Spaces For Lease

at 1929 McDonald Lane Contact us

Suite 3

Size
1,600 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 6

Size
38,768 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: TSCG The Shopping Center Group Louisville
Listed By: Kevin Mayhugh · License #KY 55483
Source: Crexi
Added: Aug 31, 2018 Changed: Aug 22 Last Checked: Aug 29 at 4:08PM

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 TSCG The Shopping Center Group Louisville

Investment Insights

Based on property information with market context.

A 4,325 square-foot space is available within a retail center located on Grant Line Road in New Albany. Previously, the space was occupied by a freestanding restaurant with 5,644 square feet. The center benefits from its proximity to Walmart and accessibility from I-265, establishing Grant Line Crossing as a retail location with a daily average of 20,400 commuters.

Key Highlights

  • 4,325 SF of retail space available.
  • Located in a well‑positioned retail center on Grant Line Road.
  • Shadow‑anchored by Walmart.

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

420
Businesses Nearby
Under-served
Demand for This Use

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - 4,325 SF retail space available in well-positioned retail center.
Where is this conventional restaurant located?
The property is located at 1929 McDonald Lane New Albany, IN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 4,325 SF of retail space available.; Located in a well‑positioned retail center on Grant Line Road.; Shadow‑anchored by Walmart.
(502) 753-0080 Call to check price and availability
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