Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Powell, Ohio Title is generated by Realmo AI

    120-180 E Olentangy St, Powell, OH

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail property available for lease in Powell, Ohio.

    Type:RETAIL
    Property size:
    20,000 SF
    Lot size:
    6.00 Acres
    Added:
    Sep 23, 2025
    Days on Market:
    242
    Last Refresh:
    Apr 5 at 9:26 pm

    Property Features for 120-180 E Olentangy St

    General Information

    Standard status
    Active
    Size
    20,000 SF
    Lot size
    6.00 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 120-180 E Olentangy St Contact us

    We can help!

    Listing Contact
    Aaron Heath
    Aaron Heath

    Listing agent Aaron Heath

    Listing office Equity - Corporate

    Listing date Sep 23, 2025

    Source Moodyscre

    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 Equity - Corporate

    HighLights

    • Retail property available for lease, a great opportunity for your business.
    • Located in Powell, Ohio.
    • Additional property details available.

    Overview

    A retail property offering 20000 square feet of space is available for lease. The property is located at 120-180 E Olentangy St, Powell, OH.
    Location Intelligence

    Current Use by Public Records

    Individual retail properties

    Map

    City
    Powell
    County
    Butler
    State
    Ohio
    Longitude
    -84.3852
    Latitude
    39.4634

    Nearby Similar for Lease

    • $5,000/Mo
      2,429 SF

      Retail Space Near BJ's Wholesale

      2429 SF retail space in high-traffic Powell, Ohio corridor.
      8595 Owenfield Drive, Powell, OH 43065
      View Details
    • $25 SF/Yr
      2,519 SF

      Move-in Ready Single-Tenant Building

      Single-tenant building with high-end finishes in Downtown Powell.
      267 N Liberty Street, Powell, OH 43065
      View Details
    • $4,500/Mo
      2,160 SF

      Powell Retail Space For Lease

      2,160 SF retail space in downtown Powell's vibrant DORA district.
      50 W Olentangy St, Powell, OH 43065
      View Details
    • $18 SF/Yr
      3,459 SF

      Medical Office Space Available

      3,459 SF medical office space for lease.
      10401 Sawmill Parkway, Powell, OH, 43065
      View Details
    • $25 SF/Yr
      2,519 SF

      Single-Tenant Office Building in Powell

      Move-in ready office building with high-end finishes in Downtown Powell.
      267 N Liberty St, Powell, OH
      View Details
    • $18 SF/Yr
      2,508 SF

      Medical Space Available For Rent

      2,508 SF medical space with existing dental infrastructure.
      10214 Sawmill Parkway, Powell, OH, 43065
      View Details
    • Contact for pricing
      2,600 SF

      Standalone Retail Building Near US-23

      Retail building with high visibility and strong demographics.
      8509 Owenfield Drive, Powell, OH, 43065
      View Details
    • $22 SF/Yr
      2,000 SF

      Retail/Office Space on Sawmill Parkway

      Highly visible retail or office space for lease.
      10225 Sawmill Parkway #10255, Powell, OH 43065
      View Details
    • $32 SF/Yr
      10,383 SF

      Retail Space in Powell, OH

      Retail spaces available in a new shopping center development.
      10726 Sawmill Pkwy, Powell, OH 43065
      View Details
    • $13 SF/Yr

      Powell Industrial Space For Lease

      Light industrial warehouse and small office spaces available for lease.
      195 W Olentangy St, Powell, OH 43065
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail property available for lease in Powell, Ohio.
    Where is this retail property located?
    The property is located at 120-180 E Olentangy St Powell, OH.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    What are key features of this property?
    This property features: Retail property available for lease, a great opportunity for your business.; Located in Powell, Ohio.; Additional property details available.
    (614) 802-2900 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Aaron Heath
    Aaron Heath
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    120-180 E Olentangy St , Powell, OH
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!