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Retail Storefront with Parking
For Lease
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5120 CHARLESTOWN RD, New Albany, IN 47150

Approximately 2,000 SF retail unit on highly trafficked Charlestown Road with a flexible layout and convenient nearby parking.

Space Size2,000 SF
Property Size10,800 SF
Days on Market141

Property Features for 5120 CHARLESTOWN RD

General Information

Standard status Active
Size 2,000 SF
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 10,800 SF
Year Built 2004
Tenancy Multiple

Spaces For Lease

at 5120 CHARLESTOWN RD Contact us

Unit 5

Size
2,000 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: RE/MAX First Commercial Group
Listed By: Reed Martin · License #IN RB14035705
Source: Crexi
Added: Apr 17 Changed: Sep 2 Last Checked: Aug 31 at 8:11AM

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 Commercial Group

Investment Insights

Based on property information with market context.

This retail storefront unit offers approximately 2,000 square feet (more or less) of flexible space for a variety of commercial uses, including retail, service-oriented operations, or showroom-style setups. The layout is designed to support front-of-house visibility, and the property is positioned within a well-established outlet setting.

Located on highly trafficked Charlestown Road in New Albany, IN, the unit benefits from strong drive-up access and ample surrounding parking intended to make customer visits straightforward.

For tenants seeking adaptable commercial space with prominent storefront potential and customer-friendly access, this unit is available for lease. Schedule a private tour to review the configuration and confirm fit for your business needs.

Key Highlights

  • About 2,000 SF retail/commercial unit with a flexible layout for multiple business uses
  • Located on highly trafficked Charlestown Road in an established outlet setting
  • Flexible space can be used for retail, service‑based operations, or showroom space

Property Analytics

Current Use

James K Homrighausen-Oral ... Dental Office Paul B. Denis, ... Alternative Medicine Practice James Keith Homrighausen Dental Office Luo Neurological Institute Medical Clinic Affiliated Foot Clinic Medical Clinic

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Nail Salon Restaurant HVAC Service

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

209
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Approximately 2,000 SF retail unit on highly trafficked Charlestown Road with a flexible layout and convenient nearby parking.
Where is this retail space located?
The property is located at 5120 CHARLESTOWN RD New Albany, IN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: About 2,000 SF retail/commercial unit with a flexible layout for multiple business uses; Located on highly trafficked Charlestown Road in an established outlet setting; Flexible space can be used for retail, service‑based operations, or showroom space
(812) 283-4778 Call to check price and availability
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