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Silver Run Center 2860-2880 Charlestown Rd 2,450 SF of Retail Space Available in New Albany, IN 47150
Highlights
- Abundant parking available.
- Adjacent to Kroger, creating built-in daily traffic and strong co-tenancy appeal.
- Desirable trade area.
- Traffic count of approximately 18,400 vehicles per day.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2866 | 2,450 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
2860-2880 Charlestown Rd - 1st Floor - Ste 2866
- Lease rate does not include utilities, property expenses or building services
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 Silver Run Center
- Tenant
- Description
- US Locations
- Reach
- Great Clips
- Salon/Barber/Spa
- 5,621
- International
- Kroger
- Retailer
- -
- -
| Tenant | Description | US Locations | Reach |
| Great Clips | Salon/Barber/Spa | 5,621 | International |
| Kroger | Retailer | - | - |
Property Facts
| Total Space Available | 2,450 SF | Frontage | 853’ on Charlestown Rd |
| Center Type | Community Center | Gross Leasable Area | 75,111 SF |
| Parking | 389 Spaces | Total Land Area | 13.00 AC |
| Center Properties | 4 | Year Built | 2003 |
| Total Space Available | 2,450 SF |
| Center Type | Community Center |
| Parking | 389 Spaces |
| Center Properties | 4 |
| Frontage | 853’ on Charlestown Rd |
| Gross Leasable Area | 75,111 SF |
| Total Land Area | 13.00 AC |
| Year Built | 2003 |
About the Property
Silver Run Shopping Center at 2878 Charlestown Road, New Albany, IN 47150 offers a prime retail leasing opportunity in one of Southern Indiana’s most active commercial corridors. This well-positioned neighborhood center features 2,450 SF available in an 11,520 SF shopping center adjacent to Kroger, creating built-in daily traffic and strong co-tenancy appeal. Located at the signalized intersection of Charlestown Road and Mt. Tabor Road, the property benefits from excellent visibility, easy access, and traffic counts of approximately 18,400 vehicles per day. The center includes ample parking with 74 spaces and a strong parking ratio of 6.5 spaces per 1,000 SF. Surrounded by established residential neighborhoods and a growing commercial base, Silver Run Shopping Center offers direct access to a desirable consumer market with 57,707 residents within 3 miles and average household incomes of $88,658. Its proximity to I-64, I-265, Green Tree Mall, and New Albany Plaza further enhances convenience and exposure. Ideal for service, retail, or restaurant users seeking a highly visible location in a thriving trade area.
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
