502-719-3221
2241-2243 State St, New Albany, IN for Sale
Storefront - FOR SALE
1/3
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2241-2243 State St
New Albany, IN 47150


HIGHLIGHTS

  • Strategic State Street Location
  • Established multi-tenant retail center
  • Located within a regional trade area
  • High-visibility neighborhood retail asset
  • State Street ADT: 27,438

OVERVIEW

Cushman & Wakefield | Commercial Kentucky is pleased to offer 2241–2243 State Street, a fully occupied three-tenant retail investment opportunity located at one of New Albany, Indiana's premier retail intersections. Positioned within a dominant retail corridor, the property is surrounded by national retailers and benefits from exceptional visibility, strong traffic counts, and an established consumer base. The asset delivers immediate, stable cash flow with long-term upside through below-market in-place rents, providing investors with the opportunity to increase income as leases renew. Combining a prime location, quality tenancy, and value-add potential, this offering presents an exceptional opportunity to acquire a high-quality retail investment in one of Southern Indiana's strongest retail markets.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

HC

APN/PARCEL ID

22-05-02-700-382.000-008

ASK ABOUT THIS PROPERTY

Craig CollinsCushman & Wakefield | Commercial KentuckyMore Info
502-719-3221

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Craig CollinsCushman & Wakefield | Commercial KentuckyMore Info
502-719-3221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.