Mixed-Use Retail and Medical
For Sale
Contact for pricing
121 W Wilson Bridge Rd, Worthington, OH 43085
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 Market141
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
(216) 831-8100
Listed By:
Alex Van Krevel · License #SAL.2018001867
(614) 949-3460
Source:
Moodyscre
Added: Jun 11
Changed: Oct 26
Last Checked: Oct 28 at 11:20AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$564,661
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,293,220
$11.3M
Cap Rate 7%
$8,066,586
$8.1M
Cap Rate 9%
$6,274,011
$6.3M
Market Conditions
NOI Build-Up for 47,883 SF
Gross rent
$1.05M $21.96/SF
− Vacancy
−$110.4K −$2.31/SF
EGI
$941.1K $19.65/SF
− OpEx
−$376.4K −$7.86/SF
NOI
$564.7K $11.79/SF
Area
Richland County, OH
Vacancy
10.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,293,220
Cap Rate 7%
$8,066,586
Cap Rate 9%
$6,274,011
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.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,042
Businesses Nearby
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Business Placement
Demographics for 43085, OH
25,566
Population
10,961
Households
2.3
Avg Household Size
39
Median Age
62%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
3,502
Density / Sq Mi
$112,474
Median Household Income
$63,239
Median Earnings
$1,405
Median Rent
$373,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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
