Mixed-Use Retail and Medical
121 W Wilson Bridge Rd Worthington, OH 43085
For Sale
Contact for pricing
Newly constructed mixed-use property completed in 2025, combining retail space with dedicated medical office facilities.
Property Size47,883 SF
Price / SF$344.59
Days on Market50
Property Features for 121 W Wilson Bridge Rd
General Information
Standard status
Active
Size
47,883 SF
Property subtype
OFFICE
Listing Agency:
Passov Real Estate Group
(614) 949-3460
Listed By:
Noah Dewhirst · License #SAL2023005727
(419) 283-8951
Source:
Moodyscre
Added: Jun 11
Changed: Jul 27
Last Checked: Jul 29 at 2:15PM
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 Passov Real Estate Group
Investment Insights
Based on property information with market context.
Worthington Gateway is a newly constructed mixed-use retail and medical office property completed in 2025. The offering brings together purpose-built space for retail use and medical office use under one roof.
Located at 121 W Wilson Bridge Rd in Worthington, the property sits within the Worthington corridor of North Columbus, Ohio.
For sale, Worthington Gateway represents an opportunity to acquire modern, completed-in-2025 mixed-use real estate designed to support both retail and medical office operations.
Located at 121 W Wilson Bridge Rd in Worthington, the property sits within the Worthington corridor of North Columbus, Ohio.
For sale, Worthington Gateway represents an opportunity to acquire modern, completed-in-2025 mixed-use real estate designed to support both retail and medical office operations.
Key Highlights
- Newly constructed mixed‑use retail and medical office property completed in 2025
- Includes retail space plus dedicated medical office facilities within the same building
- Located in the Worthington corridor of North Columbus, Ohio
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.05M | $21.96 |
| − Vacancy | −$110.4k | −$2.31 |
| EGI | $941.1k | $19.65 |
| − OpEx | −$376.4k | −$7.86 |
| NOI | $564.7k | $11.79 |
47,883 SF · lease $21.96/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$8.07M
$7.06M – $9.41M
NOI $564,661 @ 7.0% cap · market cap 3.42%
Second Best
Office B
$7.20M
$6.30M – $8.40M
NOI $504,208 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$9.63M
$8.43M – $11.24M
NOI $674,346 @ 7.0% cap · market cap 4.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Newly constructed mixed-use property completed in 2025, combining retail space with dedicated medical office facilities.
Where is this mixed-use property located?
The property is located at 121 W Wilson Bridge Rd Worthington, OH.
What is the asking price?
The asking price for this property is $16,500,000.
What are key features of this property?
This property features: Newly constructed mixed‑use retail and medical office property completed in 2025; Includes retail space plus dedicated medical office facilities within the same building; Located in the Worthington corridor of North Columbus, Ohio
