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Corner Ground-Lease Development Land
For Lease
$5,000/Mo

1600 W Fifth Avenue, Columbus, OH 43215

Ground-lease commercial land near OSU, positioned at a traffic-light corner on Fifth Avenue.

Space Size2,482 SF
Days on Market50

Property Features for 1600 W Fifth Avenue

General Information

Standard status Active
Size 2,482 SF
Property subtype Land
Lease Term NNN

Spaces For Lease

at 1600 W Fifth Avenue Contact us

1600 W 5th Avenue $5,000/Mo

Size
2,482 SF
Term
Negotiable
Contact us
Listing Agency: Kohr Royer Griffith, Inc.
Listed By: Brent Garland · License #OH #2012002167
Source: Krgre
Added: Jun 24 Changed: Aug 8 Last Checked: Aug 11 at 5:20AM

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 Kohr Royer Griffith, Inc.

Investment Insights

Based on property information with market context.

This is a ground-lease opportunity for commercial land located in Grandview Heights, positioned in the backyard of The Ohio State University. The seller indicates the site will be considered for build-to-suit development. The property is offered as a lease only; the land is not available for sale.

The site is described as a prominent corner of Fifth Avenue (North Star) at a traffic light. Grandview Heights High School is roughly two blocks to the west. The immediate area along the same street includes major financial institutions, retailers, restaurants, and local shops.

For tenants, developers, or operators looking for a land basis with the option to customize improvements, this location offers a straightforward path to a ground lease with potential build-to-suit participation. Leasing interest may be especially relevant for concepts that require flexibility on-site while taking advantage of the property’s corner positioning near established campus and neighborhood activity.

Key Highlights

  • Ground‑lease commercial land in Grandview Heights in the backyard of The Ohio State University
  • Prominent corner on Fifth Avenue (North Star) at a traffic light
  • Land lease opportunity; build‑to‑suit considered (land not available for sale)

Property Analytics

Current Use

Star Plaza Shopping Center & Mall

Suggested Use

Top Pick Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Home Appliance Store Nursing Home Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

2,172
Businesses Nearby

Demographics for 43215, OH

20,761
Population
13,428
Households
1.5
Avg Household Size
32
Median Age
71%
College-Educated
97%
High-School Grad
5.1 sq mi
ZIP Area
4,071
Density / Sq Mi
$74,469
Median Household Income
$59,521
Median Earnings
$1,487
Median Rent
$508,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Ground-lease commercial land near OSU, positioned at a traffic-light corner on Fifth Avenue.
Where is this commercial land located?
The property is located at 1600 W Fifth Avenue Columbus, OH.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: Ground‑lease commercial land in Grandview Heights in the backyard of The Ohio State University; Prominent corner on Fifth Avenue (North Star) at a traffic light; Land lease opportunity; build‑to‑suit considered (land not available for sale)
More about this property
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