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2441 State St 1,400 - 7,000 SF of Retail Space Available in New Albany, IN 47150
HIGHLIGHTS
- Prime Location: Located on bustling State Street in New Albany, IN. Conveniently the first retail center off I-265, which has nearby access to I-65.
- Neighbors: Join a well-mixed center that includes medical, dental, office, food/drink tenants
- Nearby Amenities: Located near a variety of shopping centers, dining options, and other businesses. Thriving commercial corridor in Southern Indiana
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,400-7,000 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $175,000 /YR $14,583 /MO | Triple Net (NNN) |
1st Floor
Multiple suites available including a large 7,000-square-feet of restaurant space with many FF&E components.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 2441 STATE ST, NEW ALBANY, IN 47150
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Edward Jones
- Finance Company
- 17,929
- International
- First Choice Health & Wellness
- Health Care
- 1
- Local
- Great Clips
- Salon/Barber/Spa
- 6,156
- International
- Subway
- Sub Sandwich
- 28,950
- International
- Sun Tan City
- Tanning Salon
- 320
- National
- Wireless Express LLC
- Retailer
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Edward Jones | Finance Company | 17,929 | International |
| First Choice Health & Wellness | Health Care | 1 | Local |
| Great Clips | Salon/Barber/Spa | 6,156 | International |
| Subway | Sub Sandwich | 28,950 | International |
| Sun Tan City | Tanning Salon | 320 | National |
| Wireless Express LLC | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 7,000 SF | Gross Leasable Area | 29,973 SF |
| Min. Divisible | 1,400 SF | Total Land Area | 4.68 AC |
| Property Type | Retail | Year Built | 1997 |
| Property Subtype | Storefront | Parking Ratio | 4.7/1,000 SF |
| Total Space Available | 7,000 SF |
| Min. Divisible | 1,400 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 29,973 SF |
| Total Land Area | 4.68 AC |
| Year Built | 1997 |
| Parking Ratio | 4.7/1,000 SF |
ABOUT THE PROPERTY
Located on bustling State Street in New Albany, Indiana, this retail center offers prime visibility and convenient access as the first retail destination off I-265, with nearby connections to I-65. Multiple suites are available, including a spacious 7,000-square-foot restaurant space equipped with numerous fixtures, furniture, and equipment. The property is surrounded by thriving shopping centers, dining options, and a mix of medical, dental, office, and food/drink tenants, making it an ideal spot for businesses seeking a vibrant commercial corridor in Southern Indiana. Lease rates start at $25/SF NNN, with spaces ranging from approximately 1,400 to 7,000 square feet.
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS
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2441 State St
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