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Versatile Industrial/Flex Building For Lease
For Lease
$9.95 SF/Yr

1150 Chesapeake Avenue, Columbus, OH 43212

15,762 SF industrial/flex building with updated office/retail space.

Property Size88,169 SF
Lot Size3.32 Acres
Days on Market185

Property Features for 1150 Chesapeake Avenue

General Information

Standard status Active
Size 88,169 SF
Lot size 3.32 Acres
Property subtype Industrial

Building Details

Year Built 1955
Listing Agency: Elford Realty, Inc
Listed By: Andy Mills, SIOR, CCIM · License #2023003620
Source: Corfac
Added: Jan 26 Changed: Jul 10 Last Checked: Jul 30 at 4:24AM

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, Inc

Investment Insights

Based on property information with market context.

This 15,762 square foot industrial/flex building is available for lease, featuring 11,684 square feet of warehouse space and 4,078 square feet of updated office or retail space. The office area has been recently refreshed with new paint, flooring, and lighting. The warehouse is heated and has the option to add air conditioning. Situated on a 3.32-acre lot, the property is located within the I-270 loop, minutes from SR 315 and The Ohio State University. The building includes one loading dock and a wet sprinkler system. Ample on-site parking is available, with recently repaved front and side parking areas. A prominent pylon sign provides enhanced exposure. Located off of King Ave and within 10 miles of I-70, I-270, I-670, I-71, SR 315 and The Ohio State University, this centrally located property is suitable for manufacturing, distribution, fitness, or storage uses.

Key Highlights

  • Prime location within the I‑270 loop and minutes from SR 315 and The Ohio State University, offering excellent accessibility.
  • 15,762 SF industrial/flex building with a versatile layout including 11,684 SF of warehouse space and 4,078 SF of newly refreshed office/retail space.
  • Recently updated office area with new paint, flooring, and lighting, providing a modern and professional environment.

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

1,218
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

$46.69 /SF/Yr
Avg Asking Price
$2.88–$141 /SF/Yr
Price Range
30,130 SF
Avg Space Size

This space is priced 79% below the average of $46.69 /SF/Yr.

Vacancy Rate% for Office in Columbus, OH

14.1% 2019
20.2% 2020
23.4% 2021
26.3% 2022
25.6% 2023
24.1% 2024
23.5% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Flex space - 15,762 SF industrial/flex building with updated office/retail space.
Where is this flex space located?
The property is located at 1150 Chesapeake Avenue 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 within the I‑270 loop and minutes from SR 315 and The Ohio State University, offering excellent accessibility.; 15,762 SF industrial/flex building with a versatile layout including 11,684 SF of warehouse space and 4,078 SF of newly refreshed office/retail space.; Recently updated office area with new paint, flooring, and lighting, providing a modern and professional environment.
More about this property
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