Flexible Office/Production Space
For Lease
Contact for pricing
1401 Mount Vernon Rd, Newark, OH
Move-in-ready, flexible office and production space in Newark, Ohio.
Space Size8,500 SF
Lot Size7.57 Acres
Days on Market916
Property Features for 1401 Mount Vernon Rd
General Information
Standard status
Active
Size
8,500 SF
Lot size
7.57 Acres
Property subtype
INDUSTRIAL
Spaces For Lease
at 1401 Mount Vernon Rd Contact us- Floor
- 1
- Size
- 8,500 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE
- Sublease
- No
STEMFlex® Newark - 1401 Mount Vernon Rd $11/SF/Yr
STEMFlex® at 1401 & 1425 Mount Vernon Road offers move-in-ready, flexible office/production...
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Contact us
Listing Agency:
Heath-Newark-Licking County Port Authority
(740) 788-5500
Listed By:
Hayley Amick
(740) 788-5500
Source:
Moodyscre
Added: Feb 5, 2024
Changed: Aug 8
Last Checked: Aug 9 at 9:15AM
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 Heath-Newark-Licking County Port Authority
Investment Insights
Based on property information with market context.
STEMFlex® at 1401 & 1425 Mount Vernon Road provides flexible office and production space, suitable for small businesses within a manufacturing corridor. The development consists of 23,730 square feet across two newly renovated buildings, offering a combination of flex and industrial space. The properties feature drive-in doors, ample parking, light-industrial zoning, and full industrial utilities. STEMFlex® is suitable for various manufacturing and related enterprises, including biotech, labs, computer science companies, and engineering firms. Ownership has secured pre-approval for a 10-year/75% tax exemption on building improvements starting in 2025. The property is located in the largest manufacturing corridor in Central Ohio, with accessibility to Interstate 70, State Route 161, and Highway 41. The Intel Ohio One site, a new semiconductor foundry currently under construction, is within 30 minutes. Intel plans to invest $28 billion in the project and employ 3,000 workers. The property is situated among Ohio's largest concentration of cleanroom space. The available space is 8,500 square feet and is located at 1401 Mount Vernon Rd, Newark, OH.
Key Highlights
- 10‑year/75% tax exemption on building improvements starting in 2025 (secured pre‑approval).
- Located in the largest manufacturing corridor in Central Ohio.
- Proximity to Intel Ohio One site (30 minutes), a $28 billion semiconductor foundry project employing 3,000 workers.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Move-in-ready, flexible office and production space in Newark, Ohio.
Where is this flex space located?
The property is located at 1401 Mount Vernon Rd Newark, OH.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: 10‑year/75% tax exemption on building improvements starting in 2025 (secured pre‑approval).; Located in the largest manufacturing corridor in Central Ohio.; Proximity to Intel Ohio One site (30 minutes), a $28 billion semiconductor foundry project employing 3,000 workers.
