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NNN-Leased Neighborhood Strip Center
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5495 W New Albany Rd, New Albany, OH 43054

Fully leased 12-tenant strip anchored by Panera Bread and Roosters Wings on NNN leases.

Property Size33,325 SF
Days on Market57

Property Features for 5495 W New Albany Rd

General Information

Standard status Active
Size 33,325 SF
Property subtype RETAIL
Occupancy 100%

Building Details

Year Built 2014
Tenancy Multi
Listing Agency: Passov Real Estate Group
Listed By: Noah Dewhirst · License #SAL2023005727
Source: Moodyscre
Added: Jun 11 Changed: Jul 10 Last Checked: Jul 21 at 6:19AM

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 Passov Real Estate Group

Investment Insights

Based on property information with market context.

New Albany Market is a 33,325-square-foot neighborhood strip center delivered in 2014, offered with 100% occupancy across 12 tenants. The center is structured on NNN leases and is described as a core-plus, grocery shadow-anchored retail environment. Tenant uses include a diversified mix of personal care, fitness, dining, and daily-needs service providers, supporting a convenience-oriented shopping pattern.

The property is located at 5495 W New Albany Rd in New Albany, Ohio. Anchors include Panera Bread and Roosters Wings, with the remaining storefronts supporting day-to-day needs for surrounding area shoppers.

For buyers seeking a stabilized retail asset with in-place tenancy, New Albany Market provides a consolidated option anchored by established restaurant brands and complemented by service and fitness tenants. The NNN lease structure and fully leased configuration offer a straightforward path for an investor or owner-operator looking to add a multi-tenant retail property to a portfolio.

Key Highlights

  • 33,325 SF grocery shadow‑anchored neighborhood strip center with 12 tenants
  • 100% occupied with all tenants on NNN leases
  • Anchored by Panera Bread and Roosters Wings

Property Analytics

Current Use

Captivating Worlds Arcade & Gaming Center Keller Williams Greater ... Real Estate Agency

Suggested Use

Top Pick Dental Office Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Spa & Massage Center

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

409
Businesses Nearby
264k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 47% Groceries 28% Shops & Services 21% Home Improvements & Furnishings 2%
Kroger Groceries
45,334 visits/mo 0.4 miles
Market District Supermarket Groceries
29,035 visits/mo 0.1 miles
Roosters Dining
27,650 visits/mo 0.0 miles
McDonald's Dining
19,620 visits/mo 0.2 miles
Kroger Fuel Center Shops & Services
18,423 visits/mo 0.4 miles

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased 12-tenant strip anchored by Panera Bread and Roosters Wings on NNN leases.
Where is this shopping center located?
The property is located at 5495 W New Albany Rd New Albany, OH.
What are key features of this property?
This property features: 33,325 SF grocery shadow‑anchored neighborhood strip center with 12 tenants; 100% occupied with all tenants on NNN leases; Anchored by Panera Bread and Roosters Wings
(614) 949-3460 Call to check price and availability
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