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Prime Retail Corridor Land Lease

2116-2120 State St, New Albany, IN

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Land lease opportunity in desirable retail corridor, New Albany, IN.

Type:RETAIL

Lot size:

0.99 Acres

HighLights

Prime location on highly desirable State Street retail corridor with limited availability.
Surrounded by major retailers like Target and Home Depot, and numerous QSRs such as Chick Fil A and Burger King.
Located in a TIF District, potentially offering additional incentives with approved site and development plan.
High‑traffic area with established service businesses and financial institutions.
Proximity to major healthcare providers Floyd Memorial Hospital/Baptist Health.
Utilities are available at the site.

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Listing Contact

Michael A Kopp

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For Lease

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Land lease opportunity in desirable retail corridor, New Albany, IN.

Type:RETAIL

Lot size:

0.99 Acres

Added:: Sep 3, 2024
Days on Market:: 650
Last Refresh:: May 20 at 8:33 pm

Property Features for 2116-2120 State St

General Information

Standard status: Active
Lot size: 0.99 Acres
Property subtype: RETAIL

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at 2116-2120 State St Contact us

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Listing Contact

Michael A Kopp

Listing agent Michael A Kopp

Listing office RE/MAX FIRST

Listing date Sep 3, 2024

Source Moodyscre

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 RE/MAX FIRST

HighLights

Prime location on highly desirable State Street retail corridor with limited availability.
Surrounded by major retailers like Target and Home Depot, and numerous QSRs such as Chick Fil A and Burger King.
Located in a TIF District, potentially offering additional incentives with approved site and development plan.
High‑traffic area with established service businesses and financial institutions.
Proximity to major healthcare providers Floyd Memorial Hospital/Baptist Health.
Utilities are available at the site.

Overview

This 0.99-acre land site is available for an annual ground lease plus property taxes. Located on State Street, a desirable retail corridor in Southern Indiana, the site is surrounded by major retailers such as Target and Home Depot, as well as quick-service restaurants including Chick-Fil-A, Burger King, Panera Bread, Chipotle, Popeyes, El Nopal Mexican Kitchen, Arby's, McDonald's, KFC, and Jack in the Box (Fall 2025). Service businesses such as Big O Tires and Tire Discounters, and financial services such as PNC Bank, Bank of America, and First Savings Bank are also nearby. Baptist Health has a major presence on State Street. The owners also own an adjoining property and will require a review of the layout of the site development plan. Utilities are available at the site, but coordination with the City and service providers will be required to locate them. The property is located in the TIF District for the City of New Albany, and depending on the project, may have additional incentives available with an approved site and development plan.

Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: New Albany
County: Floyd
State: Indiana
Longitude: -85.8379
Latitude: 38.3037

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For lease
Commercial land
IN
New Albany
2116-2120 State St

What type of property is this?

Commercial land - Land lease opportunity in desirable retail corridor, New Albany, IN.

Where is this commercial land located?

The property is located at 2116-2120 State St New Albany, IN.

What is the lease rate?

The lease rate is $8,333 /Mo.

What are key features of this property?

This property features: Prime location on highly desirable State Street retail corridor with limited availability.; Surrounded by major retailers like Target and Home Depot, and numerous QSRs such as Chick Fil A and Burger King.; Located in a TIF District, potentially offering additional incentives with approved site and development plan.

2116-2120 State St, New Albany, IN

Land lease opportunity in desirable retail corridor, New Albany, IN.

Property Features for 2116-2120 State St

General Information

Spaces For Lease

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Lease

Office Suite with Private Offices

Well-Maintained Industrial-Office Building For Sale

Two-Story Office Suite

State Street Office Space Available

Retail Space Near Walmart

Prime Office/Retail End-Cap Space

Office Space Available For Rent

Furnished Medical Office Space Available

Retail Space in New Albany

Retail Space Available For Rent

Retail Space Near I-265

Industrial Space Available For Lease

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