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    5208 Hampsted Village Center Way New Albany, OH 43054

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space Available Q4 2025

    Lot size:
    93,286 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents 12,600 square feet of newly available space within the thriving Kroger New Albany Center, a 93,286 square foot strip center in Franklin County's desirable New Albany submarket. Located in a high-traffic area, this center boasts a strong anchor tenant, Kroger, and a diverse mix of established businesses, including Orange Theory Fitness, Atletico Physical Therapy, Great Clips, Mutts & Co, The UPS Store, One Hour Martinizing, and Kumon Math & Reading Center. A variety of popular restaurants are also present, such as Jimmy John's, Jet's Pizza, Burger King, Bob Evans, and Panera Bread, ensuring high foot traffic and consumer visibility. The center is situated in a prime location within a three-mile radius of a population of 51,111, exhibiting an impressive average household income of $165,643. This space is ideal for a variety of retail uses and is scheduled to become available in the fourth quarter of 2025. The high-performing tenant mix and affluent demographic profile make this a truly exceptional investment opportunity. Don't miss the chance to secure your place in this successful and rapidly growing retail center. The space is ready for immediate lease negotiations.

    Property Features for 5208 Hampsted Village Center Way

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    93,286 SF

    Unit(s) available at that property

    Space
    Suite 200
    Size
    12,600 SF

    HighLights

    • 93,286 SF retail strip center anchored by Kroger.
    • 12,600 SF of retail space available Q4 2025.
    • Located in New Albany, Franklin County, OH, ranked #1 suburb in America.
    • Strong demographics: 51,111 population within 3 miles, $165,643 average household income.
    • Existing tenants include Kroger, Orange Theory Fitness, and several other national and local businesses, plus multiple restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Albany
    County
    Franklin
    State
    Ohio
    Longitude
    -82.8253574
    Latitude
    40.0889116

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space Available Q4 2025
    Where is this neighborhood center located?
    The property is located at 5208 Hampsted Village Center Way New Albany, OH.
    What are key features of this property?
    This property features: 93,286 SF retail strip center anchored by Kroger.; 12,600 SF of retail space available Q4 2025.; Located in New Albany, Franklin County, OH, ranked #1 suburb in America.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5208 Hampsted Village Center Way New Albany, OH 43054
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