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Industrial/Flex Building with Updated Office
For Lease
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1150 Chesapeake Ave, Columbus, OH 43212

15,520 SF industrial/flex building with refreshed office space for lease.

Space SizeContact for details
Property Size88,169 SF
Lot Size3.32 Acres
Days on Market977

Property Features for 1150 Chesapeake Ave

General Information

Standard status Active
Size 88,169 SF
Class C
Total Parking Spaces 51
Lot size 3.32 Acres
Property subtype Industrial
Lease Type Modified Gross

Building Details

Building Size 88,169 SF
Year Built 1955
Tenancy Multiple
Listing Agency: Elford Realty
Listed By: Lauren Alexander · License #2023003620
Source: Crexi
Added: Jan 3, 2024 Changed: Aug 31 Last Checked: Sep 5 at 1:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elford Realty

Investment Insights

Based on property information with market context.

This industrial/flex building offers 15,520 square feet, including 11,772 square feet of heated warehouse space and 3,748 square feet of newly refreshed office/retail space. The office/retail area features new paint, flooring, and lighting. The warehouse is heated and has the option to add air conditioning. The property is located within the I-270 loop, minutes from SR 315 and The Ohio State University. It features one loading dock, a wet sprinkler system, and ample on-site parking, including recently repaved front and side parking areas. A prominent pylon sign provides tenant exposure. The property is situated on a 3.32-acre lot. It is ideal for manufacturing, distribution, fitness, or storage. The space can be demised to accommodate a variety of tenant requirements, with the following leasing options available: Option 1 – Space 4: 3,478 SF (includes 259 SF common lobby) — Office/retail open floor plan with private entrance. Option 2 – Space 5: 11,772 SF (includes 260 SF common lobby) — Heated warehouse with 1 dock. Option 3 – Spaces 4 & 5: 15,520 SF.

Key Highlights

  • Prime location inside I‑270 loop, near SR 315 and Ohio State University, offering excellent accessibility and visibility.
  • 15,520 SF industrial/flex building with 11,772 SF heated warehouse and 3,748 SF newly refreshed office/retail space.
  • Flexible space options: can be leased as a whole or demised into separate office/retail and warehouse spaces.

Property Analytics

Current Use

Columbus Fasteners Corporation Building Supply

Suggested Use

Top Pick Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Home Appliance Store HVAC Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.49 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,896
Businesses Nearby
Under-served
Demand for This Use

Demographics for 43212, OH

24,171
Population
13,506
Households
1.8
Avg Household Size
30
Median Age
78%
College-Educated
98%
High-School Grad
3.7 sq mi
ZIP Area
6,533
Density / Sq Mi
$74,952
Median Household Income
$59,037
Median Earnings
$1,382
Median Rent
$514,800
Median Home Value

Market

Lease Benchmarks for Columbus, OH

$10.58 /SF/Yr
Avg Asking Price
$2.88–$17 /SF/Yr
Price Range
14,851 SF
Avg Space Size

This space is priced 6% below the average of $10.58 /SF/Yr.

Vacancy Rate% for Industrial in Columbus, OH

3.7% 2019
5% 2020
2.1% 2021
3.7% 2022
7.1% 2023
9% 2024
6.1% 2025
Rey
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Similar Off Market Nearby

  • Caterers Three 1715 W 3rd Ave, Columbus, OH 43212
  • Firehouse Subs Grandview 955 W 5th Ave, Columbus, OH 43212
  • Steven's Catering 1221 Chesapeake Ave, Columbus, OH 43212

Frequently Asked Questions

What type of property is this?
Flex space - 15,520 SF industrial/flex building with refreshed office space for lease.
Where is this flex space located?
The property is located at 1150 Chesapeake Ave Columbus, OH.
What is the lease rate?
The lease rate is $9.95 SF/Yr.
What are key features of this property?
This property features: Prime location inside I‑270 loop, near SR 315 and Ohio State University, offering excellent accessibility and visibility.; 15,520 SF industrial/flex building with **11,772 SF heated warehouse** and 3,748 SF newly refreshed office/retail space.; Flexible space options: can be leased as a whole or demised into separate office/retail and warehouse spaces.
(312) 515-8484 Call to check price and availability
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