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Retail Space Available For Rent
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628 State Street, New Albany, IN 47150

Retail space available for rent at 628 State Street.

Space SizeContact for details
Days on Market325

Property Features for 628 State Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE Inc.
Listed By: Bryan Schwartz
Source: Cbre
Added: Nov 22, 2025 Changed: Oct 11 Last Checked: Oct 12 at 6:13PM

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 CBRE Inc.

Investment Insights

Based on property information with market context.

Retail space is available for rent at 628 State Street, New Albany, Indiana, 47150. The property is classified as retail space and individual retail property.

Key Highlights

  • Retail space available for rent
  • Located at 628 State Street

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick 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

Location Intelligence

Trade Area within ½ mile

1,124
Businesses Nearby
32k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 75% Dining 25%
Circle K Shops & Services
16,840 visits/mo 0.3 miles
Waffle House Dining
8,072 visits/mo 0.5 miles
Chase Bank Shops & Services
6,686 visits/mo 0.3 miles
Napa Auto Parts Shops & Services
259 visits/mo 0.4 miles

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

$15.14 /SF/Yr
Avg Asking Price
$12–$20 /SF/Yr
Price Range
26,216 SF
Avg Space Size

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?
Retail space - Retail space available for rent at 628 State Street.
Where is this retail space located?
The property is located at 628 State Street New Albany, IN.
What are key features of this property?
This property features: Retail space available for rent; Located at 628 State Street
More about this property
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