New Albany Market

5477 - 5497 New Albany Rd, New Albany, OH 43054

Property Information

  • For Sale Subject To Offer
  • Property Type Retail - Strip
  • Property Size 33,325 SF
  • Building Class B
  • Date Updated Jun 1, 2026

Description

New Albany Market occupies the signalized intersection at W New Albany Road with direct frontage on 35,000 vehicles per day at the convergence of W New Albany Road and SR-161 (60,000 VPD), with freeway-grade regional access connecting directly to I-270. The property features three points of ingress/egress across 6.55 acres with 285 parking spaces, shadow-anchored by Market District Plaza — generating nearly 2M annual visitors driven by Giant Eagle, McDonald's, Starbucks, and Chase Bank — with additional grocery anchor support from Kroger Center 0.5 miles south, producing a combined anchor draw of nearly 4M annual visits within immediate proximity. New Albany serves as global headquarters for Abercrombie & Fitch, Lane Bryant, Victoria's Secret, and Bob Evans Restaurants, and has attracted more than $47B in private investment from Intel, Google, Amazon, Meta, and Pharmavite — underpinning one of the highest household incomes of any submarket in the Columbus MSA.Passov Group is pleased to present the opportunity to purchase New Albany Market — a 33,325-square-foot, 100% occupied Core-Plus Grocery Shadow-Anchored Neighborhood Strip Center comprising 12 tenants on NNN leases, anchored by Panera Bread and Roosters Wings alongside a diversified mix of personal care, fitness, dining, and daily-needs service tenants (delivered 2014). The offering represents a rare opportunity to acquire a fully leased asset with meaningful embedded rent upside within one of Central Ohio's most affluent and supply-constrained suburban submarkets.

Contacts

Alex Van Krevel

Passov Real Estate Group

Location

Contact Listing Broker
Alex Van Krevel

Passov Real Estate Group

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.