New Albany Market

For Sale

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

This New Albany property for sale is located at 5477 - 5497 New Albany Rd. The general use of New Albany Market is retail and it incorporates 33,325 square feet of class B retail space. Contact the listing broker for details on the current sale price for New Albany Market.

Contacts

Alex Van Krevel

Passov Real Estate Group

Property Details

  • Property Type Retail - Strip
  • Property Size 33,325 SF
  • Building Class B
  • Date Updated Jun 23, 2026
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.
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Getting around

  • 49/100

    Walk Score ®

  • 52/100

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Location

  • City New Albany, OH
  • Zip Code 43054
  • Market Columbus

Points of Interest

  • GetGo

    0.08 miles

  • Kroger

    0.40 miles

  • BP

    1.23 miles

  • UDF Fuel

    1.25 miles

  • Sheetz

    1.75 miles

  • Tesla Supercharger

    1.76 miles

  • Meijer Gas Station

    3.09 miles

  • Speedway

    3.32 miles

  • Shell

    3.40 miles

  • Rocky Fork Metro Park dog park picnic area

    1.97 miles

  • New Albany Park and Ride

    2.01 miles

  • Millstone picnic area

    2.29 miles

  • Midtown Parking Garage

    5.29 miles

  • Worth Avenue Garage

    5.39 miles

  • Hilton Garage

    5.47 miles

  • Fenlon Square Garage

    5.48 miles

  • East Covered Parking Garage

    5.53 miles

  • West Covered Parking Garage

    5.67 miles

  • Southwest Covered Parking Garage

    5.76 miles

  • Asian Taste

    0.01 miles

  • Roosters

    0.02 miles

  • Panera Bread

    0.02 miles

  • Local Cantina

    0.06 miles

  • Zero's Pizza

    0.07 miles

  • McDonald's

    0.12 miles

  • Chipotle

    0.15 miles

  • Great Wall

    0.34 miles

  • Jimmy John's

    0.36 miles

  • Bob Evans

    0.37 miles

  • Giant Eagle

    0.09 miles

  • Kroger

    0.39 miles

  • Target

    1.46 miles

  • ALDI

    1.80 miles

  • Meijer

    2.94 miles

  • Big Lots

    3.23 miles

  • Kohl's

    3.36 miles

  • Marshalls

    3.61 miles

  • Fresh Thyme

    3.79 miles

  • Whole Foods Market

    5.13 miles

Contact Listing Broker
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