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Office Unit with Four Offices
For Lease
$1,750/Mo

5150 Charlestown Rd, New Albany, IN 47150

Vacant office space offers a lobby, private offices, restroom, utilities included, and parking near retail and professional services.

Space Size1,012 SF
Days on Market106

Property Features for 5150 Charlestown Rd

General Information

Standard status Active
Size 1,012 SF
Net Rentable 1,012 SF
Property subtype Office
Zoning General Commercial
Lease Type Gross

Space & Availability

Available Space 1,012 SF
Contiguous Space 1,012 SF
Divisible No
Space Use Office
Sublease No
Available From Immediate
Private Offices 4

Additional Details

Total Rate $1,750

Amenities

Power
Water
Sewer

Spaces For Lease

at 5150 Charlestown Rd Contact us

Available Space $1,750/Mo

Contact us
Listing Agency: REMAX FIRST
Listed By: Michael Kopp
Source: Kcrea.resimplifi
Added: Jun 3 Changed: Sep 14 Last Checked: Sep 15 at 5:15AM

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 REMAX FIRST

Investment Insights

Based on property information with market context.

This 1,012-square-foot office unit at 5150 Charlestown Rd includes an entry and lobby area, four individual offices, and a restroom. Two offices feature sliding doors that allow adjoining space when desired. The suite is vacant and ready for occupancy, with water, sewer, and electricity included in the lease. The property includes parking and is maintained by a local, accessible landlord.

The office is located in a business service area near shopping, retail, restaurants, banking, and medical services. The surrounding area includes rooftops, new businesses, and new construction. The configuration provides a practical setting for a business seeking multiple office areas within a single unit.

Key Highlights

  • 1,012sf office unit with utilities included: water, sewer, and electricity
  • Entry and lobby area, four individual offices, and one restroom
  • Two offices have sliding doors for adjoining office space

Property Analytics

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Current Use

John G Brinkworth, ... Land Surveyor Dollar Reverse Phone ... (Bike/Boat/Book/etc) Store OneStop Health Brokers Insurance Agency The Wheatley Group Consultant Shepherd Insurance Insurance Agency

Suggested Use

Top Pick Law Firm Restaurant Hair Salon Spa & Massage Center Nail Salon Auto Repair 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
$3.11 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

206
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New Albany, IN

$16.29 /SF/Yr
Avg Asking Price
$6.02–$20.75 /SF/Yr
Price Range
13,569 SF
Avg Space Size

This space is priced 27% above the average of $16.29 /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
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Frequently Asked Questions

What type of property is this?
Office units - Vacant office space offers a lobby, private offices, restroom, utilities included, and parking near retail and professional services.
Where is this office units located?
The property is located at 5150 Charlestown Rd New Albany, IN.
What is the lease rate?
The lease rate is $1,750/Mo.
What are key features of this property?
This property features: 1,012sf office unit with utilities included: water, sewer, and electricity; Entry and lobby area, four individual offices, and one restroom; Two offices have sliding doors for adjoining office space
More about this property
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