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Flexible Office Space with Divisible Layout
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1984 Coffman Rd, Newark, OH 43055

Office space offered in sizes from 5,400 to 20,000 square feet with a divide-to-suit floorplan.

Space Size20,000 SF
Days on Market1600

Property Features for 1984 Coffman Rd

General Information

Standard status Active
Size 20,000 SF
Property subtype OFFICE
Lease Type Gross

Site & Location

Highway Access Yes
Road Access Yes

Spaces For Lease

at 1984 Coffman Rd Contact us

1984 Coffman Rd $11.85/SF/Yr

Floor
1
Size
20,000 SF
Type
OFFICE
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
- Office Space from 5,400 sq ft to 20,000 sq ft will divide to suit $10.00 SF for...
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Listing Agency: SHAI-Hess Commercial Real Estate
Listed By: Stephen Layman
Source: Moodyscre
Added: Apr 27, 2022 Changed: Sep 10 Last Checked: Sep 12 at 4:58AM

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 SHAI-Hess Commercial Real Estate

Investment Insights

Based on property information with market context.

This office space is available in configurations ranging from 5,400 to 20,000 square feet, with a divide-to-suit layout designed to accommodate tenant-specific needs. The offering includes a tenant improvement allowance stated at $10.00 per square foot.

The property is located on a quiet road with access to the Thorwood Corridor, W Main Street, and SR-16.

The space is well-suited for tenants seeking flexible office square footage within a straightforward divisional plan.

Key Highlights

  • Office space available from 5,400 to 20,000 SF, offered as a divide‑to‑suit floorplan
  • Lease terms include a $10.00 SF tenant improvement allowance for the tenant build‑out
  • Located on a quiet road with access to Thorwood Corridor, W Main Street, and SR‑16

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Law Firm

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

355
Businesses Nearby

Demographics for 43055, OH

62,590
Population
27,046
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
112.7 sq mi
ZIP Area
555
Density / Sq Mi
$61,807
Median Household Income
$39,412
Median Earnings
$920
Median Rent
$185,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Newark, OH

$6.57 /SF/Yr
Avg Asking Price
$1.03–$14 /SF/Yr
Price Range
7,553 SF
Avg Space Size

This space is priced 80% above the average of $6.57 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space offered in sizes from 5,400 to 20,000 square feet with a divide-to-suit floorplan.
Where is this office units located?
The property is located at 1984 Coffman Rd Newark, OH.
What is the lease rate?
The lease rate is $11.85 SF/Yr.
What are key features of this property?
This property features: Office space available from 5,400 to 20,000 SF, offered as a divide‑to‑suit floorplan; Lease terms include a $10.00 SF tenant improvement allowance for the tenant build‑out; Located on a quiet road with access to Thorwood Corridor, W Main Street, and SR‑16
(740) 404-3446 Call to check price and availability
More about this property
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