Six-Suite Shopping
For Sale
Contact for pricing
405-435 Polaris Pkwy, Westerville, OH 43082
Fully leased retail space brings together food, personal services, fitness, and medical uses.
Property Size24,315 SF
Price / SF$451.18
Days on Market9
Property Features for 405-435 Polaris Pkwy
General Information
Standard status
Active
Size
24,315 SF
Property subtype
Retail
Occupancy
100%
Building Details
Year Built
2020
Buildings
2
Tenancy
Multi
Listing Agency:
Matthews
Listed By:
Jonah Yulish · License #2018004451
(216) 503-3610
Source:
Crexi
Added: Sep 17
Changed: Sep 24
Last Checked: Sep 24 at 2:36PM
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 Matthews
Investment Insights
Based on property information with market context.
Completed in 2020, this Westerville shopping center spans two buildings with six suites and approximately 24,315 square feet of gross leasable area. Its tenants include fast-casual restaurants, salons and barbershops, yoga studios, and medical offices. The property is fully leased, with a weighted average lease term of approximately 5.3 years.
Located at 405-435 Polaris Pkwy, the center is near offices, hotels, hospitals, and schools. The surrounding daytime population includes more than 30,000 employees. Lease provisions include scheduled rent increases in the initial years and increases during tenant option periods.
Located at 405-435 Polaris Pkwy, the center is near offices, hotels, hospitals, and schools. The surrounding daytime population includes more than 30,000 employees. Lease provisions include scheduled rent increases in the initial years and increases during tenant option periods.
Key Highlights
- Approximately 24,315 square feet of gross leasable area across two buildings
- Six suites; property is 100% leased
- Built in 2020
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
954
Businesses Nearby
459k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 29%
Leisure 14%
Groceries 3%
Topgolf
Leisure
65,165 visits/mo
0.3 miles
Raising Cane's Chicken Fingers
Dining
63,544 visits/mo
0.1 miles
Sheetz
Shops & Services
53,574 visits/mo
0.1 miles
Buffalo Wild Wings
Dining
28,664 visits/mo
0.1 miles
Marathon Petroleum
Shops & Services
21,263 visits/mo
0.2 miles
Demographics for 43082, OH
32,459
Population
12,915
Households
2.5
Avg Household Size
44
Median Age
68%
College-Educated
98%
High-School Grad
20.9 sq mi
ZIP Area
1,553
Density / Sq Mi
$147,188
Median Household Income
$73,670
Median Earnings
$1,696
Median Rent
$433,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully leased retail space brings together food, personal services, fitness, and medical uses.
Where is this shopping center located?
The property is located at 405-435 Polaris Pkwy Westerville, OH.
What is the asking price?
The asking price for this property is $10,970,342.
What are key features of this property?
This property features: Approximately 24,315 square feet of gross leasable area across two buildings; Six suites; property is 100% leased; Built in 2020
