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Kroger-Anchored Shopping Center
For Lease
$15 SF/Yr

2150 State St, New Albany, IN 47150

Large-format retail center at a signalized intersection with national retail adjacency and interstate access.

Space SizeContact for details
Days on Market6474

Property Features for 2150 State St

General Information

Standard status Active
Property subtype Retail
Zoning COMMERCIAL
Lease Type NNN

Amenities

Water
Sewer

Spaces For Lease

at 2150 State St Contact us

Available Space $20/Mo

Contact us

Available Space $15/Mo

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Listing Agency: CBRE Inc.
Listed By: Clay Hunt · License #KY 71469
Source: Kcrea.resimplifi
Added: Dec 8, 2008 Changed: Aug 29 Last Checked: Aug 29 at 4:17PM

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 CBRE Inc.

Investment Insights

Based on property information with market context.

Kroger-anchored shopping center offering 146,065 square feet of retail space in New Albany’s primary retail trade area. The property is positioned at a busy signalized intersection and provides a substantial commercial footprint for retail users.

Target and Home Depot are located across State Street, adding established retail presence to the immediate setting. The center also offers access to I-265 and I-64, connecting the property with the surrounding New Albany market and regional transportation network.

Key Highlights

  • 146,065‑square‑foot shopping center
  • Anchored by Kroger
  • At a busy signalized intersection

Property Analytics

Current Use

Centra Credit Union Credit Union

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Spa & Massage Center Building Supply Gym & Fitness Center

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

980
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
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Frequently Asked Questions

What type of property is this?
Shopping center - Large-format retail center at a signalized intersection with national retail adjacency and interstate access.
Where is this shopping center located?
The property is located at 2150 State St New Albany, IN.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 146,065‑square‑foot shopping center; Anchored by Kroger; At a busy signalized intersection
More about this property
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