1929 Mcdonald Ln New Albany, IN 47150
For Lease
1 / 4
Grant Line Crossing, located at 1929 McDonald Lane in New Albany, Indiana, presents a prime retail opportunity. This 11,569 square foot retail center sits on a 0.89-acre lot in Floyd County (zip code 47150) and is currently fully vacant, offering a unique chance for multiple tenants or a single large occupant. The property features four suites, with a minimum divisible space of 1,600 square feet and a maximum contiguous space of 5,644 square feet. A former freestanding restaurant space of 5,644 square feet is available, along with other smaller units. The center benefits from a highly visible location on Grant Line Road, shadow-anchored by a Walmart. Its convenient access from I-265 contributes to high traffic volume, with an average of 20,400 daily commuters passing by. This makes Grant Line Crossing an ideal location for businesses seeking high visibility and accessibility in a thriving retail market. The property's total building size is 11,569 square feet, offering flexibility for various retail concepts. The strategic location and ample space make this an exceptional investment opportunity. Serious inquiries are encouraged to explore the possibilities of this well-positioned retail center.
-
Cato Fashions Clothing & Fashion Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.