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New Albany Gateway Morse Rd & E Johnstown Rd 1,200 - 24,615 SF of Retail Space Available in New Albany, OH 43054
Highlights
- New construction retail center at the premier Morse Road and Johnstown Road intersection.
- High daily traffic counts providing excellent visibility and consistent activity.
- Located within a thriving trade area featuring exceptional consumer spending.
- Multiple access points, including two convenient signalized entryways.
- Positioned between New Albany and Gahanna, capturing strong dual-market demand.
- Surrounded by major retailers, growing neighborhoods, and strong daytime populations.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200-12,288 SF | Negotiable | $45.00 /SF/YR $3.75 /SF/MO $552,960 /YR $46,080 /MO | Triple Net (NNN) | ||
| 1st Floor | 1,200-12,327 SF | Negotiable | $45.00 /SF/YR $3.75 /SF/MO $554,715 /YR $46,226 /MO | Triple Net (NNN) |
Morse Rd & E Johnstown Rd - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
Morse Rd & E Johnstown Rd - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Central Air Conditioning
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.
Site Plan
Property Facts
| Total Space Available | 24,615 SF | Stores | 0 |
| Min. Divisible | 1,200 SF | Center Properties | 2 |
| Center Type | Neighborhood Center | Gross Leasable Area | 24,615 SF |
| Total Space Available | 24,615 SF |
| Min. Divisible | 1,200 SF |
| Center Type | Neighborhood Center |
| Stores | 0 |
| Center Properties | 2 |
| Gross Leasable Area | 24,615 SF |
About the Property
New Albany Gateway is an upcoming retail destination positioned at the high-visibility intersection of Morse Road and Johnstown Road in New Albany, Ohio. Situated on over four acres, the property offers exceptional access with multiple signalized entry points and strong traffic flow from both New Albany and Gahanna. Surrounded by affluent households, major regional retailers, and rapidly growing residential communities, this location provides a prime opportunity for businesses seeking a dynamic, high-demand trade area.
Nearby Major Retailers
Contacts
-
Austin Loconti -
Jakob Passov -
Dylan Loconti -
Ronnie Romanini -
Passov Real Estate Group
Presented by
New Albany Gateway | Morse Rd & E Johnstown Rd
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