Class-A Medical Office
For Lease
$30 SF/Yr
5214 Forest Dr, New Albany, OH 43054
New construction scheduled for summer 2026 will offer configurable suites for medical and professional users.
Space Size5,451 SF
Property Size10,640 SF
Days on Market68
Property Features for 5214 Forest Dr
General Information
Standard status
Active
Size
5,451 SF
Net Rentable
2,500 SF
Class
A
Property subtype
Office
Lease Term
NNN
Space & Availability
Available Space
2,500 SF
Space Use
Medical Office
Condition
Shell
Building Details
Building Size
10,640 SF
Spaces For Lease
at 5214 Forest Dr Contact us- Size
- 5,451 SF
- Type
- Office Building
- Term
- Negotiable
Forest Dr MOB $30/SF/Yr
Listing Agency:
Kohr Royer Griffith, Inc.
(614) 271-2260
Listed By:
Paulina Canini
Source:
Krgre
Added: Jun 25
Changed: Aug 30
Last Checked: Aug 31 at 12:52PM
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 Kohr Royer Griffith, Inc.
Investment Insights
Based on property information with market context.
Planned as a brand-new Class-A medical office building, the property is scheduled for completion in summer 2026. Suite layouts begin at 2,500 SF and can be customized for medical or professional office requirements. The 5,451 property-size figure is provided without a stated unit of measure.
The building occupies the corner of Forest Dr. just north of Smiths Mill Rd. in New Albany, within a commercial corridor surrounded by retail, restaurants, and residential neighborhoods. A 100% property tax abatement on improvements is available for 10 years.
The building occupies the corner of Forest Dr. just north of Smiths Mill Rd. in New Albany, within a commercial corridor surrounded by retail, restaurants, and residential neighborhoods. A 100% property tax abatement on improvements is available for 10 years.
Key Highlights
- Brand‑new Class‑A medical office building scheduled for completion in summer 2026
- Configurable suite layouts starting at 2,500 SF
- 100% property tax abatement on improvements for 10 years
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
355
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
10,202 SF
Avg Space Size
This space is priced 32% above the average of $22.68 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Similar Off Market Nearby
- Willow Wood Animal Hospital — 5891 Zarley St, New Albany, OH 43054
- Connolly Julie A DVM — 5891 Zarley St, New Albany, OH 43054
- Dr. Mark Hess — 5891 Zarley St, New Albany, OH 43054
Frequently Asked Questions
What type of property is this?
Medical Office Space - New construction scheduled for summer 2026 will offer configurable suites for medical and professional users.
Where is this medical office space located?
The property is located at 5214 Forest Dr New Albany, OH.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Brand‑new Class‑A medical office building scheduled for completion in summer 2026; Configurable suite layouts starting at 2,500 SF; 100% property tax abatement on improvements for 10 years
