2014 State St
2014 State St, New Albany, IN 47150
Qualified investors are extended the opportunity to acquire a 100.0% fee simple interest in a NNN lease PNC Bank in New Albany, Indiana. This prime PNC Bank location is strategically positioned adjacent to Baptist Health Floyd, a 225-bed regional hospital staffed by over 600 physicians and more than 2,000 associates. The immediate area has become a rapidly growing retail hub in New Albany, attracting major national retailers such as Kroger, Target, Marshalls, and Home Depot. With its convenient location along I-265 and I-64—less than 10 miles from downtown Louisville, KY—the property serves a broad regional customer base.
The site boasts high visibility on a prominent corner with direct access from three streets, including State Street, which sees over 30,000 vehicles per day. Signalized intersections at Green Valley Road and Knable Lane further enhance accessibility. Additionally, the investment features a NNN lease structure with zero landlord responsibility. The lease is in the first year of its current five-year term, with two extension options remaining and 20% rental increases every five years.
Building Details
- For Sale $1,754,385.96
- Property Type Retail
- Property Size 2,250 SF
- Lot Size 0.13 Acre
- Additional Rent Price on request
- Building Class C
- Year Built 1960
- Date Updated Sep 28, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
Hogan Real Estate
Hogan Real Estate
Location
- City New Albany, IN
- Zip Code 47150
- Market Louisville
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Walk score 73/100 Very Walkable -
Bike score 45/100 Somewhat Bikeable
Points of Interest
Kroger
0.18 miles
Circle K
0.94 miles
Shell
1.57 miles
Thornton's
1.99 miles
Marathon
2.05 miles
Falls of the Ohio State Park
4.68 miles
Ashland Park Clarksville
4.80 miles
Clark County Museum Parking
5.31 miles
Maker13 Parking
5.35 miles
Jeffersonville Township Library Parking
5.52 miles
Parking for Silver Creek Township Park
8.26 miles
School Bus Parking
8.42 miles
School Bus Lot
8.53 miles
Kroger
0.19 miles
Marshalls
0.27 miles
Big Lots
0.29 miles
Target
0.33 miles
Walmart Supercenter
1.52 miles
ALDI
1.80 miles
Kohl's
3.32 miles
JayC Food Mart
3.57 miles
Meijer
3.99 miles
Rainbow Blossom
4.00 miles
Listing Summary
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Property Financials 2014 State St is currently listed for sale at $1,754,385.96 for a price per square foot of $779.73.
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Property Details 2014 State St totals 2,250 square feet of Retail space on a lot spanning 0.13 acres. The property was initially built in 1960. Based on its location, amenities, and finishes, the property is listed as class C.
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Area Characteristics In terms of ease of commuting, the area has a walk score of 73, indicating that it is very walkable.
