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Gahanna Office Sublease Opportunity
For Lease
$9 SF/Yr

4261 Morse Rd, Gahanna, OH 43230

Two-story office space with prominent signage and ample parking.

Space SizeContact for details
Lot Size2.24 Acres
Days on Market573

Property Features for 4261 Morse Rd

General Information

Standard status Active
Lot size 2.24 Acres

Taxes and HOA fees

Annual Taxes $50,374
Listing Agency: Hanna Commercial, LLC
Listed By: Gregory J Hrabcak · License #0700310191
Source: Exprealty
Added: Jan 14, 2025 Changed: Aug 8 Last Checked: Jul 20 at 1:19PM

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 Hanna Commercial, LLC

Investment Insights

Based on property information with market context.

This sublease opportunity features a two-story office building with 9,916 square feet of space. Constructed in 1995, the property was originally designed for a real estate office. It includes prominent free-standing signage on Morse Road and at the Cherry Way entrance. The property provides 54 dedicated parking spaces. The first floor comprises a reception and waiting area, two conference rooms, a work room/center, three large offices, men's and women's restrooms, and 20 individual offices. The lower level features a large training room, a separate large office/conference room, a utility room, men's and women's restrooms, a kitchenette, a work room, 13 individual offices, and two large offices. The building is located at the intersection of Morse Road and Cherry Way, situated just west of the Morse and Cherry Bottom intersection and east of the I-270 Morse Road/Easton interchange.

Key Highlights

  • Prime location at the intersection of Morse Road and Cherry Way, with high visibility and free‑standing signage on Morse Road and Cherry Way.
  • Sublease opportunity at a discounted rate from $19.91 NNN.
  • 9,916 square feet of 2‑story office space** suitable for various business needs.

Property Analytics

Current Use

First Ohio Title ... Title Company HomeGard Home Warranty Insurance Agency Kayleen Antritt Real Estate Agency Yadhap Adhikari - Howard ... Real Estate Agency Monica Powell, Realtor Real Estate Agency

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Dental Office Big Box & Wholesale Store Spa & Massage Center

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
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

165
Businesses Nearby

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

Market

Lease Benchmarks for Gahanna, OH

$18.59 /SF/Yr
Avg Asking Price
$0.6–$200 /SF/Yr
Price Range
10,745 SF
Avg Space Size

This space is priced 52% below the average of $18.59 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two-story office space with prominent signage and ample parking.
Where is this office units located?
The property is located at 4261 Morse Rd Gahanna, OH.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: Prime location at the intersection of Morse Road and Cherry Way, with high visibility and free‑standing signage on Morse Road and Cherry Way.; Sublease opportunity at a discounted rate from $19.91 NNN.; 9,916 square feet of 2‑story office space** suitable for various business needs.
More about this property
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