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Warehouse with Mezzanine
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511 Industrial Mile Road, Columbus, OH 43228

Single-tenant industrial facility with flexible warehouse, recreational, kitchen, and concession improvements near I-270.

Space Size15,688 SF
Property Size17,688 SF
Lot Size1.48 Acres
Days on Market50

Property Features for 511 Industrial Mile Road

General Information

Standard status Active
Size 15,688 SF
Net Rentable 15,688 SF
Total Parking Spaces 25
Lot size 1.48 Acres
Property subtype INDUSTRIAL
Lease Type NNN

Space & Availability

Available Space 15,688 SF
Contiguous Space 15,688 SF
Space Use Warehouse

Lease Terms

Lease Rate $7.50 /USD/SF/YR
Monthly Rent $9,805
Rent per SF/Year $7.50

Additional Details

Highway Access Yes
Warehouse Space 15,688 SF

Building Details

Buildings 1
Building Size 17,688 SF
Tenancy Single

Spaces For Lease

at 511 Industrial Mile Road
511 Industrial Mile Road $7.50/SF/Yr
Size 15,688 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE, Now
511 Industrial Mile Road in Columbus, Ohio, is a versatile industrial property offers a total of approximately 17,688 square feet of warehouse space. The facility is intelligently configured with ±15,688 square feet of primary warehouse/industrial space complemented by a ±2,000 square foot mezzanine, providing flexible options for storage or operational oversight. Situated on a generous ±1.48-acre lot, the site features an ample dedicated parking area, split between 25 paved asphalt spaces and a large gravel lot. Its strategic location offers excellent logistical advantages, boasting immediate proximity to Interstate-270 and a convenient 10-minute commute to the heart of Downtown Columbus, making it an ideal hub for businesses favoring regional access. The building is offered for sale at $1,575,000 and, alternatively, for lease at $7.50 per square foot triple-net for the full ±15,688 square feet. Either path delivers a single-tenant building on a 1.48-acre site inside I-270, with the existing recreational build-out — turf field, mezzanine seating, commercial kitchen and concession counter — in place.
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Listing Agency: Best Corporate Real Estate
Listed By: Noah Kahkonen · License #2020001513
Source: Moodyscre
Added: Sep 1 Changed: Oct 12 Last Checked: Oct 19 at 7:59AM

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 Best Corporate Real Estate

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Investment Insights

Based on property information with market context.

This single-tenant warehouse property provides approximately 17,688 square feet across a primary industrial area and mezzanine. The ±15,688-square-foot warehouse is supported by a ±2,000-square-foot mezzanine, creating additional room for storage, oversight, or operational functions. Existing improvements include a turf field, mezzanine seating, commercial kitchen, and concession counter. The site also includes dedicated parking with 25 paved asphalt spaces and additional gravel parking on approximately 1.48 acres.

Located in Columbus, Ohio, the property is immediately near Interstate-270 and approximately 10 minutes from Downtown Columbus. Its position inside I-270 provides access to the regional highway network while retaining a dedicated industrial setting on Industrial Mile Road.

Key Highlights

  • Approximately 17,688 square feet of total warehouse space
  • ±15,688 square feet of primary warehouse/industrial space
  • ±2,000 square foot mezzanine with seating

Property Analytics

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Current Use

Christ N Us ... Church

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center Skin Care Clinic Nail Salon

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

Single-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.13 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby
Balanced
Demand for This Use

Demographics for 43228, OH

58,465
Population
25,623
Households
2.3
Avg Household Size
32
Median Age
26%
College-Educated
86%
High-School Grad
19.9 sq mi
ZIP Area
2,938
Density / Sq Mi
$60,895
Median Household Income
$40,211
Median Earnings
$1,169
Median Rent
$204,000
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 Columbus, OH

$10.52 /SF/Yr
Avg Asking Price
$5.5–$15 /SF/Yr
Price Range
60,825 SF
Avg Space Size

This space is priced 29% below the average of $10.52 /SF/Yr.

Vacancy Rate% for Industrial in Columbus, OH

3.7% 2019
5% 2020
2.1% 2021
3.7% 2022
7.1% 2023
9% 2024
6.1% 2025

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Frequently Asked Questions

What type of property is this?
Warehouse - Single-tenant industrial facility with flexible warehouse, recreational, kitchen, and concession improvements near I-270.
Where is this warehouse located?
The property is located at 511 Industrial Mile Road Columbus, OH.
What is the lease rate?
The lease rate is $7.50 SF/Yr.
What are key features of this property?
This property features: Approximately 17,688 square feet of total warehouse space; ±15,688 square feet of primary warehouse/industrial space; ±2,000 square foot mezzanine with seating
(614) 707-8432 Call to check price and availability
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