Listing Agency: CBRE | Columbus m***@cbre.com Show Phone

Listed By: Molly Leach · License #2009001866 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 16 Last Checked: Aug 21 at 12:17PM

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Investment Insights

Based on property information with market context.

This property offers 5,835 square feet of medical office space. A skybridge connects the building to Mount Carmel Surgical Hospital. The location provides direct access to OH-161 and US-62 in New Albany, Ohio.

Key Highlights

• Skybridge connection to Mount Carmel Surgical Hospital
• Located directly off OH‑161
• Located directly off US‑62

Property Analytics

Property Profile

Current Use

OrthoNeuro Medical Clinic 161 Dental Studio Dental Office New Albany Surgery ... Medical Clinic Paul H. Eichenseer, ... Physician Donald J. Rohl, ... Physician

Suggested Use

Top Pick Building Supply Electrical Service Auto Parts Store Grocery & Convenience Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

$2.81 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

347

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 43054, OH

27,781

Population

11,577

Households

2.4

Avg Household Size

36

Median Age

65%

College-Educated

97%

High-School Grad

25.7 sq mi

ZIP Area

1,081

Density / Sq Mi

$139,679

Median Household Income

$75,539

Median Earnings

$1,808

Median Rent

$483,100

Median Home Value

Market

Lease Benchmarks for New Albany, OH

$22.68 /SF/Yr

Avg Asking Price

$18.73–$28.5 /SF/Yr

Price Range

10,068 SF

Avg Space Size

This space is priced 17% below the average of $22.68 /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

Questions? Ask Rey

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

What type of property is this? Where is this medical office space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Medical office space connected to Mount Carmel Surgical Hospital.

Where is this medical office space located?

The property is located at 5040 Forest Drive New Albany, OH.

What is the lease rate?

The lease rate is $18.73 SF/Yr.

What are key features of this property?

This property features: Skybridge connection to Mount Carmel Surgical Hospital; Located directly off OH‑161; Located directly off US‑62