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Medical Office Space in New Albany
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4000 Technology Ave, New Albany, IN 47150

Newly constructed medical office space in Purdue Research Park.

Space Size1,795 SF
Days on Market1418

Property Features for 4000 Technology Ave

General Information

Standard status Active
Size 1,795 SF
Class A
Total Parking Spaces 38
Property subtype Office

Building Details

Year Built 2022
Tenancy Multiple

Spaces For Lease

at 4000 Technology Ave Contact us

Available Space 1

Size
1,795 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Hogan Real Estate
Listed By: Jim Conklin · License #IN RB14035142
Source: Crexi
Added: Oct 18, 2022 Changed: Aug 31 Last Checked: Sep 1 at 5:12AM

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 Hogan Real Estate

Investment Insights

Based on property information with market context.

The newly constructed building, home to Netter Family Dental of New Albany, is situated within the 44-acre Purdue Research Park of Southeast Indiana. The park is located along Technology Avenue, just off Charlestown Road and I-265 in New Albany, Indiana. Other businesses within the park include Optum Health, Park Community Credit Union, and Zaxby's. Future plans include the addition of more medical and professional services. New Albany, the county seat of Floyd County, Indiana, is recognized as a regional hub for both medical and professional offices.

Key Highlights

  • Located within the 44‑acre Purdue Research Park of Southeast Indiana.
  • New construction (built in 2022).**
  • Located in New Albany, IN, a regional draw for medical and professional offices.

Property Analytics

Current Use

Dr. Ronald Netter Dental Office Netter Family Dental ... Dental Office

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Locksmith Furniture & Home Goods Barber 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

57
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for New Albany, IN

$14.63 /SF/Yr
Avg Asking Price
$6.02–$20 /SF/Yr
Price Range
27,986 SF
Avg Space Size

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?
Medical Office Space - Newly constructed medical office space in Purdue Research Park.
Where is this medical office space located?
The property is located at 4000 Technology Ave New Albany, IN.
What are key features of this property?
This property features: Located within the 44‑acre Purdue Research Park of Southeast Indiana.; New construction (built in 2022).**; Located in New Albany, IN, a regional draw for medical and professional offices.
(864) 844-2837 Call to check price and availability
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