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Flex Industrial Building
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261 W Johnstown Rd, Gahanna, OH 43230

New flex industrial suites are planned with 14' drive-in doors and 18' clear height.

Space Size12,000 SF
Days on Market100

Property Features for 261 W Johnstown Rd

General Information

Standard status Active
Size 12,000 SF
Property subtype INDUSTRIAL
Lease Type NNN

Additional Details

Flexible Term Yes
Clear Height 18 ft

Spaces For Lease

at 261 W Johnstown Rd
261 W Johnstown Rd $15.50/SF/Yr
Floor 1
Size 12,000 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
Property Description The owner is actively developing 261 W Johnstown Road and is offering flexible leasing opportunities, including build-to-suit options tailored to specific tenant requirements. The building totals 12,000 SF and is divisible into 2,400 SF suites. Expected delivery is Q1 2027. Building Features Secure your space early and take advantage of new flex industrial space in one of Central Ohio's fastest-growing markets. Offering Summary Lease Rate $15.50 SF/yr (NNN) Available SF 2,400 – 12,000 SF Min. Divisible 2,400 SF Building Size 12,000 SF Est. Operating Expenses $2.00 SF Delivery Q1 2027 14' drive-in doors 18' clear height 5" slab-on-grade floor 400-amp electrical service Free-span interior space Flexible floor plans & tenant improvements available Build-to-suit amortization available Estimated operating expenses of $2.00 SF include taxes, insurance, water and sewer; utilities separate. Build-to-suit amortization available. Delivery Q1 2027.
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Listing Agency: Alterra Real Estate Advisors
Listed By: Jackson Pulliam · License #2018005012
Source: Moodyscre
Added: Jul 16 Changed: Oct 9 Last Checked: Oct 23 at 8:47AM

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 Alterra Real Estate Advisors

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Investment Insights

Based on property information with market context.

A new flex industrial building is under development at 261 W Johnstown Road, offering flexible leasing opportunities including build-to-suit options tailored to tenant requirements. The building is planned at approximately 12,000 SF and is divisible into 2,400 SF suites.

Planned features include 14' drive-in doors, 18' clear height, and a 5" slab-on-grade floor. The interior is designed as free-span space, with flexible floor plans and tenant improvements available. The project is planned for an expected delivery of Q1 2027, with 400-amp electrical service included.

Suites are available beginning at 2,400 SF, with build-to-suit amortization available as part of the leasing options.

Key Highlights

  • Planned 12,000 SF flex industrial building in 2,400 SF divisible suites
  • Build‑to‑suit options tailored to tenant requirements, including flexible floor plans and tenant improvements
  • Q1 2027 expected delivery—secure your space early with flexible leasing options

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

VOICE MASTER PRODUCTIONS Recording Studio Todd W. Barstow ... Law Firm Schmidt Law, LLC Law Firm Gahanna Massage Therapy Alternative Medicine Practice Imagine Recovery Counseling ... Crisis Center

Suggested Use

Top Pick Electrical Service HVAC Service Grocery & Convenience Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Locksmith

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

18 ft
Clear height
NNN (Triple Net)
Lease Type
$2.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

855
Businesses Nearby
Under-served
Demand for This Use

Demographics for 43230, OH

58,372
Population
26,170
Households
2.2
Avg Household Size
37
Median Age
50%
College-Educated
96%
High-School Grad
20.4 sq mi
ZIP Area
2,861
Density / Sq Mi
$92,271
Median Household Income
$53,832
Median Earnings
$1,407
Median Rent
$282,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Gahanna, OH

$10.45 /SF/Yr
Avg Asking Price
$2.88–$17 /SF/Yr
Price Range
13,273 SF
Avg Space Size

This space is priced 48% above the average of $10.45 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • savortasty — 21 Elana Ave, Columbus, OH 43230

Frequently Asked Questions

What type of property is this?
Flex space - New flex industrial suites are planned with 14' drive-in doors and 18' clear height.
Where is this flex space located?
The property is located at 261 W Johnstown Rd Gahanna, OH.
What is the lease rate?
The lease rate is $15.50 SF/Yr.
What are key features of this property?
This property features: Planned 12,000 SF flex industrial building in 2,400 SF divisible suites; Build‑to‑suit options tailored to tenant requirements, including flexible floor plans and tenant improvements; Q1 2027 expected delivery—secure your space early with flexible leasing options
(614) 285-7234 Call to check price and availability
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