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Furnished Medical Office Space Available
For Lease
$16.50 SF/Yr

4101 Technology Avenue, New Albany, IN 47150

Furnished medical office space for sublease in Purdue Research Park.

Space Size2,466 SF - 10,372 SF
Days on Market328

Property Features for 4101 Technology Avenue

General Information

Standard status Active
Size 2,466 SF - 10,372 SF
Property subtype Office

Spaces For Lease

at 4101 Technology Avenue Contact us

1st Floor Suite Available

Size 2,466 SF
Type Office
Contact us

2nd Floor Suite Available

Size 10,372 SF
Sublease Yes
Contact us
Listed By: Rick Ashton
Source: Cbre
Added: Nov 22, 2025 Changed: Oct 16 Last Checked: Oct 16 at 7:46AM

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 Rick Ashton

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Investment Insights

Based on property information with market context.

Available for rent is a 10,372 square foot furnished medical office space, accessible by elevator, featuring a waiting room, exam rooms, and private offices. The sublease term extends through April 2031. The property is situated in Purdue Research Park of Southeast Indiana, offering convenient access to Charlestown Road, I-265, I-65, and I-64. Ample parking is available. Furniture is negotiable. The location is near area hospitals, including Baptist Health Floyd, Norton Clark Hospital, Southern Indiana Rehabilitation Hospital, and PMC Regional Hospital. The surrounding area includes shopping centers, restaurants, and essential services. Immediate access to Interstate 265.

Key Highlights

  • +10,372 SF of Furnished Medical Office Space
  • Sublease Term through April 2031
  • Located in Purdue Research Park of Southeast Indiana

Property Analytics

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Current Use

Elisha Trapp, NP Pediatrician Kailee Stroup, PA Pediatrician Kimberly Heimer Pediatrician Norman Silva, PA Physician Jesse Roberts, FNP-BC Pediatrician

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Locksmith Furniture & Home Goods Barber 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
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

57
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for New Albany, IN

$14.59 /SF/Yr
Avg Asking Price
$6.02–$20 /SF/Yr
Price Range
21,683 SF
Avg Space Size

This space is priced 13% above the average of $14.59 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Medical Office Space - Furnished medical office space for sublease in Purdue Research Park.
Where is this medical office space located?
The property is located at 4101 Technology Avenue New Albany, IN.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: +10,372 SF of Furnished Medical Office Space; Sublease Term through April 2031; Located in Purdue Research Park of Southeast Indiana
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